FLT broke down from a rising wedge, consolidated in pennant formation and now seems breaking down from the pennant. It is showing strong downward momentum as it crossed down all the moving average & down volume increased huge. Overall it looks a decent short with good risk-reward ratio. Trade Criteria Entry Target Criteria- Break of $140.71 or rally to 146...
FDP seems forming a inverted flag formation. It broke down major support & moneyflow is very deep down. It had some insider selling as well. Overall it seems a good shorting opportunity. Trade criteria Open - Break of $56.13 Target - $50, 34 Stoploss- $57.53 Note: - $55 Mar-17 Puts @ $1.70 You can check our detailed analysis on FDP in the trading room/...
BSX Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel Entry Target Criteria- Retest overhead resistance at $21.47 Exit Target Criteria- $17.13 Stop Loss Criteria- $22.13 Indicator Notes- huge drop in Twiggs Money Flow Special Note- we would consider February $20.00 Puts currently @ $0.68
"Low Cost of Business" tight range fractal setup occurred on 10/25, with the lower fractal being broken and the subsequent lower fractal being broken on 11/9. Entered >.75 Delta Put Contracts with 2 months until expiration.
EBAY looks very bearish after a nice run. Price crossed below MA 50 & huge divergence in moneyflow. It had quite a bit of selling in August at $30 level, and price to earning ratio is high at 18.9 . So we think it will decline with the earnings report. For earnings play we would consider $31 October puts, last traded for $0.89 You can check our detailed...
JNPR is breaking down from an upward channel. It is looking a good short as It declined below all the EMA lines, and moneyflow is in the negative side. On the option side we are looking for $22 January puts You can check our detailed analysis on JNPR in the trading room/ Executive summary link here- www.youtube.com Time Span: 4:20" Trade Status: Pending
STX seems breaking down sharply in the context of global economical slowdown & related industry weakness & sells contraction. In the technical side STX breaking down from a rising wedge formation, and rising wedge target will be around 30 For trade Strath took $32 January puts, traded for $1.85 You can check our detailed analysis on STX in the trading room/...