AXTA- Short at the break of 25.87

NYSE:AXTA   Axalta Coating Systems Ltd
AXTA seems breaking down forming a downward head & shoulder pattern. It has massive insider selling.

Breaking below 25.87 will be continuation of head & shoulder. & the formation can take it down to 24 area.

On the option side we are looking for $26 January Puts $1.26

You can check our detailed analysis on AXTA in the trading room/ Executive summary link here-

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