Short
CY - Upward channel breakdown Short from $13.16 to $11.83
CY is breaking down an upward channel formation, and showing downward momentum. Moreover it is in the weak semi-conductor sector. It looks a very good short setup & it can decline below $12
* Trade Criteria *
Date first found- April 5, 2017
Pattern/Why- Possible momentum trade
Entry Target Criteria- Break of $13.16
Exit Target Criteria- $11.83
Stop Loss Criteria- $13.79
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- April 5, 2017
Pattern/Why- Possible momentum trade
Entry Target Criteria- Break of $13.16
Exit Target Criteria- $11.83
Stop Loss Criteria- $13.79
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade closed: stop reached
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.
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.