MELI- Long term Short at break of $159 to $90
Date First Found - November 15, 2016
Pattern/Why- breakdown of trend line and up channel,
Entry Target Criteria- break below $159.00 (hit November 15, 2016)
Exit Target Criteria- $90.00
Stop Loss Criteria- $177.63
Indicator Notes- big drop in Twiggs Money Flow
Special Note- we would consider March $170 Puts @ $11.50 or March $165 Puts @ $18.30
Pattern/Why- breakdown of trend line and up channel,
Entry Target Criteria- break below $159.00 (hit November 15, 2016)
Exit Target Criteria- $90.00
Stop Loss Criteria- $177.63
Indicator Notes- big drop in Twiggs Money Flow
Special Note- we would consider March $170 Puts @ $11.50 or March $165 Puts @ $18.30
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