HCN formed a beautiful longterm H&S formation. Money flow heading down. We think it has Long-term downward potential. To play this we would look at $47.50 January 2019 Puts currently $2.75 * Trade Criteria * Date First Found- November 27, 2017 Pattern/Why- H&S formation in weekly frame Entry Criteria- current price ($67.47) (hit November 28, 2017) Exit...
HCN looks ver interesting as it is forming longer term H&S formation in the weekly frame. We think it has huge downside potential from here. To play this we Would look at $47.50 January 2019 Puts currently $2.75. * Trade Criteria * Date First Found- November 27, 2017 Pattern/Why- H&S formation in weekly frame Entry Target Criteria- current price...
Some longing setups on the chart. RR is the best if it drops till 23.xx.