Came up on my short screener as a potential earnings manipulator with poor fundamentals; ranked as 15/62 of the best stocks to short via my screener
Looks like it has failed the cloud and once the CS breaks below the cloud it could really drop quickly
Manage your risk; playing shortside can be dangerous!
Some food producers are having problems selling your canned products ?
I do not the fundamentals of this Industry Sector because I only pick stocks based in chart patterns but I find some companies in the Consumer Goods Industry and the Food Producers sector having problems to going up and this added to the bad news of last week.
Possible target for a swing...
Potential early entry opportunity. Text alert was sent when it touched the entry.
Entry Target Criteria- Break of $62.13
Exit Target Criteria- $64.13
Stop Loss Criteria- $46.23, $40.67
Option- $60 Mar-17 Puts @ $3.3
You can check detailed analysis on -- in the trading room/ Executive summary link...
FDP seems forming a inverted flag formation. It broke down major support & moneyflow is very deep down. It had some insider selling as well. Overall it seems a good shorting opportunity.
Open - Break of $56.13
Target - $50, 34
Note: - $55 Mar-17 Puts @ $1.70
You can check our detailed analysis on FDP in the trading room/...