AcornWealthCorp
Short

BUFF - H & S formation, short from $23.17 to $18 area

NASDAQ:BUFF   BLUE BUFFALO PET PRODUCTS INC
33 1 1
BUFF is forming a possible declining neck head & shoulders pattern. In the weekly frame it also seems a head & shoulder formation. It has high P/E & Debt/Equity ratio. It also has some insider selling history.
So overall a decent short opportunity, from $23.17 to 18 area.
On the option side we would consider $25 March-17 Puts

You can check our detailed analysis on BUFF in the trading room/ Executive summary link here-
https://www.youtube.com/watch?v=vtV5l5_Skhs
Time Span: 1:50"
Trade Status: Pending
I bought $22.5 Jan. 17 puts at $0.70. Thanks for the idea.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out