Andeavor ANDV Petroleum Refining Company looking good but undecided. If we see an opportunity a good target would be 112.15
What do you think about it?
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ANDV seems forming a double top here with a strong Twiggs money flow divergence. We think it has good downside potential.
To play this we would consider $97.50 May Puts.
Relevant Updates:
* Trade Criteria *
Date First Found- February 5, 2018
Pattern/Why- Double top on Weekly chart
Entry Criteria- Short at current price ($102.00) (Hit February 5, 2018)
Exit...