


ESRX has formed a bearish deep crab. It needs to hurry up and collapse because theta is starting to eat into my Jan. $67.50 puts...
HOG has formed a bearish butterfly pattern with really good measurements, but the pattern isn't showing much divergence and price action busted through some of the confirmation levels prior to forming. It could be a nice little January put play though...
ARNA is showing a well measured bearish crab pattern and the MACD divergence provides confirmation that the momentum is shifting downwards. Get out if price action hits $32.50
KEY is showing a pretty well measured bearish crab and has an internal AB=CD on the last leg. It's also showing a little divergence on the MACD. Overall, I believe momentum is beginning to shift downwards, so snatch up some of those January just OTM puts.
AMD has formed a large AB=CD pattern and it completed with an internal bullish crab pattern. We are also seeing volume weighted MACD divergence, which further confirms a momentum shift to the upside.
Here is a nice deep bearish crab on KAR. Measured with 1.618 AB=CD, 1.618 XA, 2.618 BC retracement.