The_Patterns_Guy
Short

#APOG #stock #short

NASDAQ:APOG   APOGEE ENTERPRISES INC
This stock has multiple bearish formation across multiple time frames. Indicators uniformity point down. Price target supports a 2 RRR             . I would shut for the November 2018 put, strike price $40 for price between 3.70 3.90. That is a 20 cent spread. If stock hits target the strike price will be well above $3.90.

Daily
On the daily chart stock has formed a bearish descending triangle . all indicators point down.
Weekly
Stock has formed a H&S on the weekly chart. All indicators point down. There is a 2 RRR             .
Monthly
Stock has formed a double top on the monthly chart. All indicators point down.
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