PTC - complex head and shoulders short from $54.3 to $44.13

Mis à jour
PTC was our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & head sharply to the negative side. We think it can decline as low as $44

* Trade Criteria *
Date First Found- March 23, 2017 (Sent through our intraday text alert)
Pattern/Why- complex head and shoulders
Entry Target Criteria- break below $54.03
Exit Target Criteria- Target 1 $44.13
Stop Loss Criteria- $55.13

Please check back for Trade updates. (Note: Trade update is little delayed here.)

You can check detailed analysis on -- in the trading room/ Executive summary link here-
youtube.com/watch?v=rqvEdS4G8xw
Time Span- "
Transaction en cours
March 23rd- hit our entry zone criteria and this is looking awesome

March 28th - holding below its MA resistance well. We still like this one.
Note
April 5th - Nice decline breaking the channel formation with higher volume. Looking very good as short. Updating stoploss to $53.43
Note
April 6th - We are liking this as short & we would Consider July $50 Puts if we break through $50.09 .They are currently $2.68
breakdowndown-channeldown-trenddowntrendSELLshort-setupS&P 500 (SPX500)stock-tradingtrade-suggestionstrading

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/
Aussi sur:

Clause de non-responsabilité