ALGN - H&S formation short from current price to 222.13 & 171.23

ALGN still looks good as H&S Pattern. It seems declining forming its right shoulder. Money flow is declining.
We think it has good downside potential. To trade this we would consider $230 July puts @ $13.50


* Trade Criteria *
Date First Found- March 1, 2018
Pattern/Why- Possible H&S formation
Entry Target Criteria- From current price
Exit Target Criteria- 1st Target $222.13 and 2nd target $171.23
Stop Loss Criteria- $270.30
Indicator Notes- Twiggs money flow coming down sharp.
Special Note- We would consider $230 July puts @ $13.50

Please check back for Trade updates. (Note: Trade update is little delayed here.)
Beyond Technical AnalysisdownHarmonic PatternsshortTrend Analysis

Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now

Check out some of our free video examples @ smartmoneytrading.com/insights/
Também em:

Aviso legal