$PATK large nice 5 months cup with handle setup.
Earnings in couple weeks. Ideally, i would like this to trade quietly for the 1st half of this week and breaks out in the 2nd half (orange bars)
4 quarters of earnings and sales acceleration.
PATK seems very interesting short setup. It has broken down from a pennant formation. It is breaking down a long term support,
and it also has a double top formation. All these technical suggesting a decline. We think it has strong downside potential.
* Trade Criteria *
Date First Found- April 18, 2018
Pattern/Why- Support breakdown short, Double top & Pennant...