Short
IDTI - Weak fundamental; Breakdown short from $22.73 to $17.33,
IDTI is in our watchlist for quite a while. It has very high price to chase-flow ratio. It also has good insider selling. It seems rolling down & it can be a good short if it breaks down.
* Trade Criteria *
Date First Found- May 4, 2017
Pattern/Why- Breakdown short; High Price to Cashflow, Insider selling
Entry Target Criteria- Break of $22.73
Exit Target Criteria- 1st target $19.13, 2nd Target $17.33
Stop Loss Criteria- $24.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- May 4, 2017
Pattern/Why- Breakdown short; High Price to Cashflow, Insider selling
Entry Target Criteria- Break of $22.73
Exit Target Criteria- 1st target $19.13, 2nd Target $17.33
Stop Loss Criteria- $24.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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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/
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.