SERV is showing downward momentum in daily frame, however in the weekly frame it seems forming an inverted Fallen angel formation. We think it has good downside potential.
* Trade Criteria * Date First Found- October 30, 2017 Pattern/Why- Possible inverted Fallen Angel pattern (weekly chart) Entry Target Criteria- Break of $44.07 Exit Target Criteria- $40.53 Stop Loss Criteria- $ 45.93
Please check back for Trade updates. (Note: Trade update is little delayed here.)