USFD - Possible H&S formation short from $33.47 To $30.13
USFD seems forming a possible H&S formation with strong Twiggs money flow divergence. It also has big insider selling in huge percentage's. We think it will decline down to $30 or lower.
To play this we could consider July $30.00 Puts $0.70
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Possible H&S formation
Entry Criteria- Current price ($33.47) (Hit March 23, 2018)
Exit Criteria- $30.13
Stop Loss Criteria- $35.37
Indicator Notes- Strong Twiggs money flow divergence
Special Note- Huge selling.100% and big money. Could consider July $30.00 Puts $0.70
Please check back for Trade updates. (Note: Trade update is little delayed here.)
To play this we could consider July $30.00 Puts $0.70
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Possible H&S formation
Entry Criteria- Current price ($33.47) (Hit March 23, 2018)
Exit Criteria- $30.13
Stop Loss Criteria- $35.37
Indicator Notes- Strong Twiggs money flow divergence
Special Note- Huge selling.100% and big money. Could consider July $30.00 Puts $0.70
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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