AcornWealthCorp

INTC - Possible double top formation Option short

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NASDAQ:INTC   Intel Corporation
INTC seems forming a double top formation with strong negative money flow divergence. We think it provides a nice option trading opportunity, and we would consider July $44 Puts Currently $1.30

* Trade Criteria *
Date First Found- February 28, 2018
Pattern/Why- Possible double top formation
Entry Criteria- $44 July Puts @ $1.30 (Hit March 1, 2018)
Exit Criteria- $35.57
Stop Loss Criteria- N/A
Indicator Notes- Very strong divergence in the moneyflow
Special Note- Strong Twiggs money flow divergence

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

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