HES offers tight stoploss short

It's daring to short oil/engergy stocks lately, but here it comes an opportunity with low stoploss - HES.

Reason r=for short (05/21):
- Divergences RSI, MACD
- Double top inside resistance region
- End of 138.2% abc-like structure

SL placed right above the highlighted region. TP can be safely set at POC of 56.

Trade closed manually:

Locked profit.

20180720, 65, PUT, Option, SMART, USD 2.89 closed at 6.25