timwest

West Pharma - WST - Daily - Big Top Pattern BUT

NYSE:WST   WEST PHARMACEUTICAL SERVICES INC
225 1 9
A very obvious distribution pattern (we all call a H&S top) and a clear downtrend, but it is right into support from the last KEY HIDDEN LEVEL - EARNINGS SUPPORT and furthermore, earnings are due shortly.

So, If we can see 51-52 to sell against AND earnings are out, then I would go for a short for a 49-47 target and risk $1-$1.50 from entry.

Tim 9:52AM EST Monday, January 26, 2015
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Nice work. The list of stocks setup like this seem endless this time of year.

Earnings season is always a slow time of year for me.

So tempting but no, this is a job for me. Manage risk and you'll be able to trade for the rest of your life.
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