ROST - Short from $64/$62 to $56
Updated
ROST looks interesting short setup. It has broken down its recent support & all MA lines. We think it has more downside potential. For perfect entry we are looking for a pullback to $64 or break of Long term support around $62
* Trade Criteria *
Date first found- April 5, 2017
Pattern/Why- Support breakdown short
Entry Target Criteria- Break of $62 or Pullback to $64
Exit Target Criteria- $56
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- April 5, 2017
Pattern/Why- Support breakdown short
Entry Target Criteria- Break of $62 or Pullback to $64
Exit Target Criteria- $56
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
April 6th- traded into its 5 day EMA and hit our higher risk entry zone criteria.Note
April 12th- updating our stop loss criteria to $65.33
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