FND trade ideas
Floor & Decor Holding #FND 3Mn Supply in control, Monthly bearish engulfing pattern is being formed. Looking to go short at Weekly SZ around $46-47 targeting $28
Long on FND A CANSLIM stock with a 98 rating, that is just coming of the cup and handle pattern....
I am not entering as a market order, as I want to see strenght of the market trigger this one...
entry 51.48
SL is 5%
TP is open, but typically I will try for 3 to 1
#FND #short #stockFND has formed ugly H&S. I say ugly because it is not symmetrical nor do the head and shoulders form well. However, the indicators look good. You can scroll all the way to up to the weekly to see the indicators looking poor.
