AcornWealthCorp
Short

QSR - short if it reaches to $44 area & show weakness.

NYSE:QSR   RESTAURANT BRANDS INTERNATIONAL INC
77 0 1
QSR             seems forming a head & shoulder formation. It crossed down MA 50 & 1000, and moneyflow is down to the negative side. WE think it can decline to 37 or lower.

For ideal trade entry we would like to reach to 44             area to make its next shoulder formation & decline from there. For trade we would consider Jan/April 45 puts when it reach to $44 area.

You can check our detailed analysis on QSR             in the trading room/ Executive summary link here-
https://www.youtube.com/watch?v=Nmdl5wTignY
Time Span: 9:30"
Trade Status: Pending
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