Short
DPS - Double top formation short from $89.43 to $82/66, $90 Puts

DPS looking good as short. In the weekly chart it has broken down long term channel formation, rallied up & tested from beneath & now rolling over. It also seems forming a double Top formation, it gives a further down target at around $66Would consider a stop at 92.23. $90 October Puts are $3.20
* Trade Criteria *
Date First Found- July 5, 2017
Pattern/Why- Upward channel breakdown, Double Top
Entry Target Criteria- Break of $89.43
Exit Target Criteria- 1st Target $82.23, 2nd Target $66.23
Stop Loss Criteria- $92.23
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- July 5, 2017
Pattern/Why- Upward channel breakdown, Double Top
Entry Target Criteria- Break of $89.43
Exit Target Criteria- 1st Target $82.23, 2nd Target $66.23
Stop Loss Criteria- $92.23
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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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.