MASI trade ideas
MASI- Bear flag formation short from $85.33 to $77.23MASI forming a possible bear flag formation. It declined with huge volume. There was strong moneyflow divergence & it dropped sharp. We think MASI is a good short setup.
* Trade Criteria *
Date First Found- May 8, 2017
Pattern/Why- Possible bear flag formation
Entry Target Criteria- Break of $85.33
Exit Target Criteria- $77.23
Stop Loss Criteria- $90.23
Please check back for Trade updates. (Note: Trade update is little delayed here.)
masimo - massive shorting chance Big volume at the top could confirm masimo is too expensive to hold at this level and there could be a big sell off
