JWN- Breakdown short from current label to $40 area

3 de jan. de 2017

JWN seems breaking down nicely with huge moneyflow divergence.

Trade Criteria
Entry Target Criteria- Break of $47.87
Exit Target Criteria- $40
Stop Loss Criteria- $52.13
Option - $50 May/Jun Puts

You can check detailed analysis on JWN in the trading room/ Executive summary link here-
youtube.com/watch?v=T2l8ndG-bzQ
Time Span- 6:45"
Trade Status: Pending

1 de fev. de 2017

Trade ativo

January 31st- Seems scoping up, not looking very good as short. Updating stop loss to $45.87 to lock some profit.
January 27th- Declined huge 3.36% & made a lower low. $50 Apr-17 puts traded 69% higher for $8.45 and $50 Jul-17 Puts traded 46% higher for $9.65. Updating stoploss to $46.13

January 26th- Declined & closed below EMA lines, looking very good as short.
January 24th- Seems scooping up, however moneyflow still very weak. Wait & see situation.
January 19th- Declined huge 3.11% today, making a very good short trade so far. $50 Apr-17 puts traded 64% higher for $8.20 and $50 Jul-17 Puts traded 48.5% higher for $9.80.
January 13th- Nice decline from EMA lines, looking very good as short. $50 Apr-17 puts traded 50% higher for $7.50 and $50 Jul-17 Puts traded 30.3% higher for $8.90.
January 9th- Further decline today. Wonderful trade so far. $50 Apr-17 puts traded 40% higher for $7 and $50 Jul-17 Puts traded 29.5% higher for $8.55.
January 4th- Traded into opening price, but closed higher. Wait & see situation.

13 de fev. de 2017

Nota

February 9th- Stopped out today.
February 8th- Strong upward move, but holding below updated stoploss. Wait & see situation.
February 7th- updating out stop loss criteria to $46.23

13 de fev. de 2017

Trade fechado manualmente