HLT - Upward channel breakdown short from $56.13 to $51 area
Updated
HLT 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.)
* 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.)
Trade active
March 9th -Hit entry criteria & closed lower. Looking very good as short.Trade closed: stop reached
March 15th - Could not hold to our stoploss, and stopped out today. Taking off the list.
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