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IvanLabrie
Dec 1, 2016 9:05 PM

WST: Overvalued, short if opening below 79.06 Short

West Pharmaceutical Services, Inc.NYSE

Description

WST offers a low risk short trade, specially if we open below 79.06 tomorrow. Risk a move back above 81 or higher.
You can enter a half position first, so keep risk to 0.5% or less. Max risk shouldn't exceed 1%.
Props to Tim West for all his help and insights.

Good luck!

Ivan Labrie.

Order cancelled

Held support. Not a good short yet.
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