IT- Short
Trade Logic: Huge insider selling & technically weak as it break below EMA 5, 9 & MA 20
Entry Price: 98.43
Target Price: 91.36, just little above 50% Fib Retracement level
Stop-Loss: 101.73
Option: Sep16, 95 Put; currently trading at $2.35
& Sep16, 100 Put; currently trading at $5.55
You can check our detailed analysis on IT in the trading room link here-
Trade Suggestion date: 20/6/2016
Trading Room - Executive summery link: youtube.com/watch?v=x8dUPcbyx40
Time Span: 8:10
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.