HLT - Upward channel breakdown short from $56.13 to $51 areaHLT looking a good short setup. It seems breaking down from upward channel, also broken down strong support label. It has great moneyflow divergence. We think it will be a great short & we would consider $57.50 April-17 puts
* Trade Criteria *
Date first found- March 8, 2017
Pattern/Why-Upward channel breakdown, Support breakdown
Entry Target Criteria- Break of $56.13
Exit Target Criteria- $51.13
Stop Loss Criteria- $58.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
HLT
HLT Bullish SwingI promise, I had this entry and stop planned starting from the gap on the day before the entry trigger line starts. If I wasn't already in my max positions, I'd have been triggered in today at the Low of the Day! If we get a bounce straight from here, I'll be one happy camper. If not, the stop placement should give it enough room to turn around.