BUD- Buying Option Put (Short) Trade Logic: Head & shoulder, Money flow divergence & volume is drying up Closing bottom half of the range & rejecting the resistance. We are considering Only Option trade as huge risk involved with the Brexit Vote, Stock will exposes us to higher risk. Option: Jul16 130 put, currently $4.40 You can check our detailed analysis...
4-22 Gosh, might want to think about grabbing some buds as the green lines are a bull channel folks. Red is resistance, blue is support that defines risk upon an entry. No need to make it any harder than that. Feel free to follow on TWTR at @AmazingPatterns For informational and educational purposes only, these are not recommendations, trade at your own risk.
To see a video analysis of this stock ALONG with a taste comparison against SAM visit youtu.be
To see a video analysis of this stock ALONG with a taste comparison against SAM visit youtu.be
A delicious and refreshing breakout of the distribution phase.