HLT - Upward channel breakdown short from $56.13 to $51 area
HLT looking a good short setup. It seems breaking down from upward channel, also broken down strong support label. It has great moneyflow divergence. We think it will be a great short & we would consider $57.50 April-17 puts
* Trade Criteria *
Date first found- March 8, 2017
Pattern/Why-Upward channel breakdown, Support breakdown
Entry Target Criteria- Break of $56.13
Exit Target Criteria- $51.13
Stop Loss Criteria- $58.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- March 8, 2017
Pattern/Why-Upward channel breakdown, Support breakdown
Entry Target Criteria- Break of $56.13
Exit Target Criteria- $51.13
Stop Loss Criteria- $58.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
March 9th -Hit entry criteria & closed lower. Looking very good as short.Trade closed: stop reached
March 15th - Could not hold to our stoploss, and stopped out today. Taking off the list.
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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.