ASTEC INDUSTRIES INC NASDAQ:​ASTE

ASTE: astec inds inc 2018-07-30 07:00:08 Detected possible stock repurchase

Oscillators down; selling up. Down from 9-month resistance

ASTE seems forming a downward neck head & shoulder formation. Moneyflow completely broken down. Overall it looks very interesting as short & we think it can decline to $46 area. To play this we would consider $55 or $60 September puts. * Trade Criteria * Date First Found- May 19, 2017 Pattern/Why- Head & Shoulder formation Entry Target Criteria- Break of...