SFLY starting some momentum based downward move. Twiggs money flow has a huge divergence. We think it has huge down side potential. To play this we would consider $67.50 Jun Puts @1.40
* Trade Criteria * Date First Found- April 4, 2018 Pattern/Why- Inverse fallen angel pattern Entry Criteria- $77.13 Exit Criteria- $65.13 Stop Loss Criteria- $85.13 Indicator Notes- Strong Twiggs money flow index Special Note- 79% insider selling. Personal Services - BIG SELLING. Would consider June $67.50 Puts (currently 1.40)
Please check back for Trade updates. (Note: Trade update is little delayed here.)