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AcornWealthCorp
May 17, 2017 11:27 AM

CRI - Upward channel breakdown short from $86.97 to $78.77 Short

Carter's, Inc.NYSE

Description

CRI broken down from an upward channel & seems it has good down side potential. We are looking for a short here.

* Trade Criteria *
Date First Found- May 16, 2017 (Intraday)
Pattern/Why- Upward channel breakdown, capturing the crash
Entry Target Criteria- Break of $86.97 (Hit May 16, 2017)
Exit Target Criteria- 1st Target $83.97, 2nd Target $78.77
Stop Loss Criteria- $89.77

Please check back for Trade updates. (Note: Trade update is little delayed here.)

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