Short
IDTI - Weak fundamental; Breakdown short from $22.73 to $17.33,
IDTI is in our watchlist for quite a while. It has very high price to chase-flow ratio. It also has good insider selling. It seems rolling down & it can be a good short if it breaks down.
* Trade Criteria *
Date First Found- May 4, 2017
Pattern/Why- Breakdown short; High Price to Cashflow, Insider selling
Entry Target Criteria- Break of $22.73
Exit Target Criteria- 1st target $19.13, 2nd Target $17.33
Stop Loss Criteria- $24.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- May 4, 2017
Pattern/Why- Breakdown short; High Price to Cashflow, Insider selling
Entry Target Criteria- Break of $22.73
Exit Target Criteria- 1st target $19.13, 2nd Target $17.33
Stop Loss Criteria- $24.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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