Short
BMS - Head & shoulder formation Short from $48.17
BMS coming out of an upward channel, and appears to be coming out of a previous Head & shoulder formation. It also has quite chunk of insider selling.
On the option side we would consider $50 April-17 Puts, last traded for $2
* Trade Criteria *
Date first found- March 7, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Break of $48.17
Exit Target Criteria- $44.67
Stop Loss Criteria- $49.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
On the option side we would consider $50 April-17 Puts, last traded for $2
* Trade Criteria *
Date first found- March 7, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Break of $48.17
Exit Target Criteria- $44.67
Stop Loss Criteria- $49.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Nota
March 10th - Significant upward move. Never hit our entry criteria.
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Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.