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Jun 25, 2015 6:21 PM

CYBER 15M Short Short

CyberArk Software Ltd.NASDAQ

Description

Cyber has lots of distribution on the 15M, with a clear SOW UT. Downtrend has began now and were currently on a very weak rally in that downtrend. a break below the rally trendline has just occurred. I am under the belief this should continue down until finding true support. There's certainty enough distribution to get this market going down.

Stop: 70: 30
Wide Stop: 71.10

E: 65-66 Range
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