FabrinetShort
FN - Short now, target- 31.13
FN seems braking down from longer term upward channel. Money-flow is diverging & just broke down to negative area.
We like to take the trade at current price & for trade we are looking for Oct16- 35 put, which are currently trading for $2.03
You can check our detailed analysis on FN in the trading room/ Executive summery link here-
youtube.com/watch?v=7Wn2toXVMd8
Time Span: 1:25"
Trade Status: Oct16 Trade opened ( Aug 5th)
We like to take the trade at current price & for trade we are looking for Oct16- 35 put, which are currently trading for $2.03
You can check our detailed analysis on FN in the trading room/ Executive summery link here-
youtube.com/watch?v=7Wn2toXVMd8
Time Span: 1:25"
Trade Status: Oct16 Trade opened ( Aug 5th)
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