Short
GRUB - Channel breakdown short from $99.90 to $83.13, Jun 95 Put
GRUB was on our watch list from a long time. It had an incredible really, but now its seems getting some downward momentum. It's also breaking down from an upward channel formation. We think it has strong downside potential from current level.
To play this we would consider June $95.00 Puts
* Trade Criteria *
Date First Found- March 28, 2018
Pattern/Why- Inverse Fallen angel. Upward channel breakdown Momentum short
Entry Criteria- Current price ($99.90)
Exit Criteria- 1st Target $83.13, 2nd Target- Momentum
Stop Loss Criteria- $110.33
Indicator Notes- Twiggs money flow divergence
Special Note- Lot of insider selling in some heady percentages. June $95.00 Puts looking good.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
To play this we would consider June $95.00 Puts
* Trade Criteria *
Date First Found- March 28, 2018
Pattern/Why- Inverse Fallen angel. Upward channel breakdown Momentum short
Entry Criteria- Current price ($99.90)
Exit Criteria- 1st Target $83.13, 2nd Target- Momentum
Stop Loss Criteria- $110.33
Indicator Notes- Twiggs money flow divergence
Special Note- Lot of insider selling in some heady percentages. June $95.00 Puts looking good.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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Aviso legal
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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/
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.