TFX - Inverted Flag formation short from $145.93 to $132.13

Short

Teleflex Incorporated (NYSE:TFX)

NYSE:TFX Teleflex Incorporated

tfx short option put

TFX broke-down long tern trend in weekly frame, retested it from beneath & now falling down. In the daily frame it is forming a bear flag formation & related upward channel. Both pattern suggestion a decline & we are looking for a short if it breaks below $145.93 & our first target is $132.13

You can check our detailed analysis on TFX in the trading room/ Executive summary link here-

Time Span- 4:30"
Trade Status: Pending

Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at www.smartmoneytrading.com/now

Check out some of our free video examples @ smartmoneytrading.com/insights/

Related Ideas

about ORBC

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.