QSR - Downward channel breakdown short from $64.87 to $56.57
QSR was running within an upward channel formation for a while. However its getting weaker, and Twiggs money flow showing strong divergence.
We think it has good down-side potential from here.
* Trade Criteria *
Date First Found- November 9, 2017
Pattern/Why- Upward channel
Entry Target Criteria- Break of $64.87
Exit Target Criteria- $56.57
Stop Loss Criteria- $66.47
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We think it has good down-side potential from here.
* Trade Criteria *
Date First Found- November 9, 2017
Pattern/Why- Upward channel
Entry Target Criteria- Break of $64.87
Exit Target Criteria- $56.57
Stop Loss Criteria- $66.47
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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