Dana IncorporatedShort
DNA- Smart money momentum short from $26.93 to $20.33
DAN is a nice smart money short setup with significant insider selling. It also has great Money flow divergence. We think it has strong downside potential if it can break 26.90 level.
To play this we would consider $27 June Puts
* Trade Criteria *
Date First Found- February 27, 2018
Pattern/Why- Smart money momentum short setup
Entry Target Criteria- Break of $26.93
Exit Target Criteria- $20.33
Stop Loss Criteria- $29.67
Indicator Notes- Strong Twiggs Money flow Divergence.
Special Note- Heavy insider selling. Could consider $27 June Puts
Please check back for Trade updates. (Note: Trade update is little delayed here.)
To play this we would consider $27 June Puts
* Trade Criteria *
Date First Found- February 27, 2018
Pattern/Why- Smart money momentum short setup
Entry Target Criteria- Break of $26.93
Exit Target Criteria- $20.33
Stop Loss Criteria- $29.67
Indicator Notes- Strong Twiggs Money flow Divergence.
Special Note- Heavy insider selling. Could consider $27 June Puts
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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