NOW seems forming a negative downward momentum setup along with negative Twiggs money flow divergence. It also has Plenty of selling but mostly around 5-20%. We think it will decline from here.
To Play this August $150 Puts don’t look bad.
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Negative downward momentum short
Entry Criteria- $167.23 (Hit March 23, 2018)
Exit Criteria- $134.23 or 200 day moving average.
Stop Loss Criteria- $178.23
Indicator Notes- Strong Twiggs money flow divergence
Special Note- Plenty of selling but mostly around 5-20%. August $150 Puts don’t look bad here.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
To Play this August $150 Puts don’t look bad.
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Negative downward momentum short
Entry Criteria- $167.23 (Hit March 23, 2018)
Exit Criteria- $134.23 or 200 day moving average.
Stop Loss Criteria- $178.23
Indicator Notes- Strong Twiggs money flow divergence
Special Note- Plenty of selling but mostly around 5-20%. August $150 Puts don’t look bad here.
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.