IBP - Upward channel breakdown short from $58.73 to $50.63

NYSE:IBP   Installed Building Products, Inc
IBP is running within an upward channel breakdown. It has strong Twiggs moneyflow divergence. We think it has good downside potential.

* Trade Criteria *
Date First Found- November 9, 2017
Pattern/Why- Upward channel
Entry Target Criteria- Break of $58.73
Exit Target Criteria- $50.63
Stop Loss Criteria- N/A

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