SFLY starting some momentum based downward move. Twiggs money flow has a huge divergence. We think it has huge down side potential. To play this we would consider $67.50 Jun Puts @1.40
* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why- Inverse fallen angel pattern
Entry Criteria- $77.13
Exit Criteria- $65.13
Stop Loss Criteria- $85.13
Indicator Notes- Strong Twiggs money flow index
Special Note- 79% insider selling. Personal Services - BIG SELLING. Would consider June $67.50 Puts (currently 1.40)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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