IBP - Upward channel breakdown short from $58.73 to $50.63

IBP is running within an upward channel breakdown. It has strong Twiggs moneyflow divergence. We think it has good downside potential.

* Trade Criteria *
Date First Found- November 9, 2017
Pattern/Why- Upward channel
Entry Target Criteria- Break of $58.73
Exit Target Criteria- $50.63
Stop Loss Criteria- N/A

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