AcornWealthCorp

EDU - Upward channel breakdown trade from $41.57 to $37.33

Short
NYSE:EDU   New Oriental Education & Technology Group, Inc. Sponsored
EDU broken down from a long term upward channel.Retested it & seems rolling over. We think it will be good short from here.

Trade Criteria
Entry Target Criteria- Break of $41.57
Exit Target Criteria- $37.33
Stop Loss Criteria- $43.13
Option: $40 Apr-17 Puts

You can check detailed analysis on EDU in the trading room/ Executive summary link here-
www.youtube.com/watch?v=MIFne5qV...
Time Span- 10:10"
Trade Status: Pending

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