Short
COO - Double top formation in weekly frame, short from $167.43
COO formed a double top in the weekly frame, and it has broken down all the MA lines. EMA lines crossed to the down side & moneyflow is deep in the negative side.
We think it can decline all the way down to 120 area
On the option side we would consider $170 May Puts
You can check our detailed analysis on COO in the trading room/ Executive summary link here-
youtube.com/watch?v=z6hzgbsfYHE
Time Span: 7:45"
Trade Status: Pending
We think it can decline all the way down to 120 area
On the option side we would consider $170 May Puts
You can check our detailed analysis on COO in the trading room/ Executive summary link here-
youtube.com/watch?v=z6hzgbsfYHE
Time Span: 7:45"
Trade Status: Pending
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Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.