Deus
Short

Another H&S in TILE

NASDAQ:TILE   INTERFACE INC
NASDAQ:TILE
I love this company but cannot help seeing H&S pattern which also breaks down to double top on a D frame

WHY
- H&S pattern on W
- divergence on indicators
- bouncing off all time resistance at 26
- some chart inconsistency (price failed to make a new high having stopped at 26 ) and double top on D (price travelled to 26.25)

HOW
- a lot of shorting of not confirmed structures these days, so I will only put little money to the test
- I perceive it high risk trade

DURATION
- up to 6 months
- going down to strong support levels on M frame (20)

ENTRY & EXIT
- now with a small money
- at a stop or if strong bullish price action is seen on 4H

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