Short
SIX - Weekly frame H&S formation Short from $56.56 to $42
SIX is forming upward neckline H&S formation. Still like this a lot as short, and we think it can decline all the way down to $42
For a entry we are looking for a break of $56.57 & we would consider $55 Puts, last traded for $1.85
* Trade Criteria *
Date first found- March 23, 2017
Pattern/Why- H&S formation in weekly frame
Entry Target Criteria- Break of $56.57
Exit Target Criteria- $42
Stop Loss Criteria- $60.93
Please check back for Trade updates. (Note: Trade update is little delayed here.)
For a entry we are looking for a break of $56.57 & we would consider $55 Puts, last traded for $1.85
* Trade Criteria *
Date first found- March 23, 2017
Pattern/Why- H&S formation in weekly frame
Entry Target Criteria- Break of $56.57
Exit Target Criteria- $42
Stop Loss Criteria- $60.93
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.