tradingformoney
Short

possible reversal, profit zone is greater then cost of buy put

NYSE:B   BARNES GROUP INC
29 0 0
The fib is placed from the x to a leg, the 2nd fib is placed from the c to d leg.
Fibs are lining up with prior support and resistance .
The gartley extended into a prior high, possibly forming a double top .
The buy side of a put option is $1.85 dollars at the $40 strike price for 89 days out,
for 180 days out the $40 strike price is at $2.60.

where the current fibs line up, it is in a profit zone and outside the break even.
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