STX seems breaking down sharply in the context of global economical slowdown & related industry weakness & sells contraction.
In the technical side STX breaking down from a rising wedge formation, and rising wedge target will be around 30
For trade Strath took $32 January puts, traded for $1.85
You can check our detailed analysis on STX in the trading room/ Executive summary link here-
www.screencast.com/t/FC1cvTiWil3
Time Span: 14:50"
Trade Status: Pending
In the technical side STX breaking down from a rising wedge formation, and rising wedge target will be around 30
For trade Strath took $32 January puts, traded for $1.85
You can check our detailed analysis on STX in the trading room/ Executive summary link here-
www.screencast.com/t/FC1cvTiWil3
Time Span: 14:50"
Trade Status: Pending
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Check out some of our free video examples @ smartmoneytrading.com/insights/