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.)
Note
March 10th - Significant upward move. Never hit our entry criteria.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
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/
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.