SFR - Downward momentum trade from current price to $23.07

2016年12月16日

SFR seems breaking down from an upward channel. Its rolling over & volume is fairly strong in the down direction. We think it will be a good downward momentum trade if it can break below MA200.

Trade Criteria
Entry Target Criteria- Break of $28.47
Exit Target Criteria- $23.07
Stop Loss Criteria- $30.23

You can check detailed analysis on SFR in the trading room/ Executive summary link here-
youtube.com/watch?v=YogjcZY6XVM
Time Span- 12:00"
Trade Status: Pending

2017年1月25日

注释

Relevant Updates:
January 23rd- .............. (Coming soon)
January 20th- Squeezing between MA50 & MA100, We are looking for a breakdown.
January 17th- Showing upward momentum & went above MA50. Still holding well below stoploss.
January 10th- Spiked down & made a lower low but closed at top of the range. $25 Apr-17 Puts Traded as high as $0.65 & $30 Apr-17 Puts traded as high as $2.30
January 9th- Sharp decline & closed below MA200, looking good as short now.
January 3rd- Went up & closed above EMA lines, not looking very good.
December 29th- Traded upward & tagged to EMA 9, Still looking very god as short.
December 28th- Nice gap down, looking very good. $30 Apr-17 Puts last traded for 2.50, that is 19% higher from suggested entry, And $25 Apr-17 Puts traded as high as $0.50 that is 11% higher from entry.
December 27th- Showing weakness after re-testing EMA lines & MA20. Looking good as short.
December 22nd- Declined further crossing below MA200. Looking very good as short. $25 Apr-17 Puts traded as high as $0.75, that is 59% higher from entry, and $30 Apr-17 Puts traded $2.55, 21% higher from entry.
December 21st- Declined & tagged to MA200, looking very good as short.
December 19th - Still looking for a break of 200 MA for confirmation however early entry criteria responded well to overhead MA.
December 16th- Did not break below MA200 support, but considered a small position in the current price.