Option
MDLZ - Breakdown trade from $40.37 to $32 area MDLZ seems forming a declining neck head & shoulder formation. It is also running within a channel formation. Technically it looks weak & it had recent insider selling. We think it will decline to 32 area shortly.
Trade Criteria
Entry Target Criteria- break of $40.37
Exit Target Criteria- Target 1- $36.43; Target 2- $32.23
Stop Loss Criteria- $42.23
Indicator Notes- Negative Twiggs Moneyflow
Option- $42 Feb-17 Puts
You can check our detailed analysis on MDLZ in the trading room/ Executive summary link here-
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Time Span- 3:00"
Trade Status: Pending
CRM- Short as it breaks below $73.03, & $72.5 May puts @ $6.25CRM
Date First Found - November 15, 2016
Pattern/Why- breakdown of trend line and up channel, possible earnings play
Entry Target Criteria- break below $73.03
Exit Target Criteria- $57.13
Stop Loss Criteria- $77.37
Indicator Notes- declining Twiggs Money Flow
Special Note- we would consider May $72.50 Puts currently @ $6.25
Next Earnings Release Date- November 17, 2016
LYB - Consider $90 March Puts & target is $72We discussed it in the beginning of December in the Xmas wishlist class, and discussed aggressive entry was $92 area & $90 March Puts, the puts should be in nicely in-the money by now.
we still like the $90 March Puts (currently $7.20), however updating stoploss to $92.13 to give a little bit of room & target is $72.
You can check detailed analysis on LYB in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 10:30"
Trade Status: Pending
MELI - New Short trade from $149.73 to $91.13We are looking for a new trade setup in MELI. Please check below.
Trade Criteria
Entry Target Criteria- Break of $149.73
Exit Target Criteria- $91.13
Stop Loss Criteria- $161.63
You can check detailed analysis on MELI in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 8:10"
Trade Status: Pending
EXPE - Upward channel break Short from $111.13 to $83.13EXPE was a Presidential picks & Xmas wish-list, nicely it hits its First target of $113 form $122.87 & now we are looking for a second zone trade opportunity.
It is running within a big upward channel formation & we are looking for a break of upward channel.
Trade Criteria
Entry Target Criteria- Break of $83.13
Exit Target Criteria- $111.13
Stop Loss Criteria- $118.13
Option - $115 Apr Puts @ $8.26
You can check detailed analysis on EXPE in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 5:50"
Trade Status: Pending
$RHT gap down on earnings. Here are the Ichimoku iMTF Supports$RHT gap down on earnings. Here are the Ichimoku iMTF Supports
EDU - Upward channel breakdown trade from $41.57 to $37.33EDU broken down from a long term upward channel.Retested it & seems rolling over. We think it will be good short from here.
Trade Criteria
Entry Target Criteria- Break of $41.57
Exit Target Criteria- $37.33
Stop Loss Criteria- $43.13
Option: $40 Apr-17 Puts
You can check detailed analysis on EDU in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 10:10"
Trade Status: Pending
MOMO - Moving average powered Short set up from $16.87 to $13.63
MOMO rolling over very nicely with very good divergence moneyflow. Its very volatile & seems to have the power of moving average behind it. Looking a very good short setup
Trade Criteria
Entry Target Criteria- Break of $16.87
Exit Target Criteria- $13.63 or lower
Stop Loss Criteria- $18.37
Option: $17.50 Apr puts @ $2.6
You can check detailed analysis on MOMO in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 7:45"
Trade Status: Pending
FLT - Rising wedge & pennant breakdown short - Target $125FLT broke down from a rising wedge, consolidated in pennant formation and now seems breaking down from the pennant. It is showing strong downward momentum as it crossed down all the moving average & down volume increased huge. Overall it looks a decent short with good risk-reward ratio.
Trade Criteria
Entry Target Criteria- Break of $140.71 or rally to 146
Exit Target Criteria- $125.13
Stop Loss Criteria- $150.73
Option: $155 May-17 puts
You can check detailed analysis on FLT in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 5:35"
Trade Status: Pending
PFPT - Short at the break of uptrend/flag, Target $62.30 & $58PFPT seems broken down a long term upward channel, in short term it looks like a flag formation that is broken down recently. It looks very good as long.
Trade Criteria
Entry Target Criteria- Break of $74
Exit Target Criteria- Target 1- $62.30 , Target 2- $58
Stop Loss Criteria- N/A
You can check detailed analysis on PFPT in the trading room/ Executive summary link here-
www.screencast.com
Time Span-0:39:00 "
Trade Status: Pending
FDP - Inverted flag pattern short from $56.13 to $50 or lower FDP seems forming a inverted flag formation. It broke down major support & moneyflow is very deep down. It had some insider selling as well. Overall it seems a good shorting opportunity.
Trade criteria
Open - Break of $56.13
Target - $50, 34
Stoploss- $57.53
Note: - $55 Mar-17 Puts @ $1.70
You can check our detailed analysis on FDP in the trading room/ Executive summary link here-
www.screencast.com
Time Span- 14:10"
Trade Status: Pending
TFX - Inverted Flag formation short from $145.93 to $132.13 TFX broke-down long tern trend in weekly frame, retested it from beneath & now falling down. In the daily frame it is forming a bear flag formation & related upward channel. Both pattern suggestion a decline & we are looking for a short if it breaks below $145.93 & our first target is $132.13
You can check our detailed analysis on TFX in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 4:30"
Trade Status: Pending
JLL- Fallen angel pattern long from $94, & $90 & $95 March CallsJLL
Date First Found - November 15, 2016
Pattern/Why- fallen angel, bullish momentum
Entry Target Criteria- break above $94.00 (hit November 15, 2016)
Exit Target Criteria- Target 1 $114.00 Target 2 $143.00
Stop Loss Criteria- $85.35
Indicator Notes- strong improvement in Twiggs Money Flow, insider buying
Special Note- we would consider March $90 Calls @ $12.10 or March $95 Calls @ $9.00
BSX_ as it retest overhead resistance at $21.47BSX
Date First Found - November 15, 2016
Pattern/Why- breakdown of trend line and up channel
Entry Target Criteria- Retest overhead resistance at $21.47
Exit Target Criteria- $17.13
Stop Loss Criteria- $22.13
Indicator Notes- huge drop in Twiggs Money Flow
Special Note- we would consider February $20.00 Puts currently @ $0.68
LYB - Short from current position to 30 areaLYB breaking down from a head & shoulder formation in short term & it has lot of insider selling from key investor. In long term it formed a descending triangle.
Now it had its earning released today & in reaction it did decline a bit, so we think it will decline breaking the triangle formation.
To trade LYB we would consider $80 March Puts (6.2)
You can check our detailed analysis on LYB in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 7:45"
Trade Status: Pending
EBAY- Earnings play- $31 October puts EBAY looks very bearish after a nice run. Price crossed below MA 50 & huge divergence in moneyflow.
It had quite a bit of selling in August at $30 level, and price to earning ratio is high at 18.9 . So we think it will decline with the earnings report.
For earnings play we would consider $31 October puts, last traded for $0.89
You can check our detailed analysis on EBAY in the trading room/ Executive summary link here-
www.screencast.com
Time Span: 22:30"
Trade Status: Pending
Trade suggestion date:
JNPR- Short at the break of 22.37 JNPR is breaking down from an upward channel. It is looking a good short as It declined below all the EMA lines, and moneyflow is in the negative side.
On the option side we are looking for $22 January puts
You can check our detailed analysis on JNPR in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 4:20"
Trade Status: Pending
AXTA- Short at the break of 25.87AXTA seems breaking down forming a downward head & shoulder pattern. It has massive insider selling.
Breaking below 25.87 will be continuation of head & shoulder. & the formation can take it down to 24 area.
On the option side we are looking for $26 January Puts $1.26
You can check our detailed analysis on AXTA in the trading room/ Executive summary link here-
www.youtube.com
STX- Strath took $32 January Puts STX seems breaking down sharply in the context of global economical slowdown & related industry weakness & sells contraction.
In the technical side STX breaking down from a rising wedge formation, and rising wedge target will be around 30
For trade Strath took $32 January puts, traded for $1.85
You can check our detailed analysis on STX in the trading room/ Executive summary link here-
www.screencast.com
Time Span: 14:50"
Trade Status: Pending