CHD seems breaking down from an upward channel. It crossed down the lower channel line & seems it will go down further. We are looking for a quick short opportunity here.
* Trade Criteria * Date First Found- May 1st, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $49.32 Exit Target Criteria- $48.25 Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)