CHTR- Downward Momentum short from $316.93 to $285.13
CHTR is a possible momentum play. It had a good run & now seems topping out with huge moneyflow divergence. We think it has good downside potential.
On the option side we would consider $325 Puts
* Trade Criteria *
Date First Found- May 15, 2017
Pattern/Why- Momentum Trade
Entry Target Criteria- Break of $316.93
Exit Target Criteria- Target $285.13
Stop Loss Criteria- $325
Please check back for Trade updates. (Note: Trade update is little delayed here.)
On the option side we would consider $325 Puts
* Trade Criteria *
Date First Found- May 15, 2017
Pattern/Why- Momentum Trade
Entry Target Criteria- Break of $316.93
Exit Target Criteria- Target $285.13
Stop Loss Criteria- $325
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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