DNKN- Short from 45.87 to 35.37
DNKN broken down most recently formed upward channel. It also had a rising wedge formation which also broken down.
It also has longer term channel formation & downtrend support where it can come down. So we are looking for a longer term target of 35.37
On the option side we would $45 March puts
You can check our detailed analysis on DNKN in the trading room/ Executive summary link here-
youtube.com/watch?v=Nmdl5wTignY
Time Span: 10:40"
Trade Status: Pending
It also has longer term channel formation & downtrend support where it can come down. So we are looking for a longer term target of 35.37
On the option side we would $45 March puts
You can check our detailed analysis on DNKN in the trading room/ Executive summary link here-
youtube.com/watch?v=Nmdl5wTignY
Time Span: 10:40"
Trade Status: Pending
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