CMCO looks decent short as it is breaking down from an upward channel formation. It has insider selling. We think it was strong downside potential.
* Trade Criteria * Date First Found- February 6, 2018 Pattern/Why- Upward channel breakdown short Entry Criteria- Current price (37.55) (Hi February 6, 2018) Exit Criteria- $33.13 Stop Loss Criteria- $39.67 Indicator Notes- Crossed below its MA100 Special Note- Insider selling
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