Now seems forming a negative downward omentum setup along with negative Twiggs money flow divergence. It also has Plenty of selling but mostly around 5-20%. We think it will decline from here.
* Trade Criteria * Date First Found- March 23, 2018 Pattern/Why- Upward channel breakdown, smart money short setup. Entry Criteria- $52.46 Exit Criteria- $45.57 Stop Loss Criteria- $55.88 Indicator Notes- Twiggs money flow deep into the negative side. Special Note- BIG selling - over 750 million dollars. Could consider $60 September Puts (currently $5.30)
Please check back for Trade updates. (Note: Trade update is little delayed here.)