Looks falling from its right shoulder of head & shoulder pattern.
We are looking for a drop to 55 in longer term.
For trade we are taking Aug16- 95 put ($4.7) or Dec16- 70 Put ($3.7)
You can check our detailed analysis on SNX in the trading room/ Executive summery link here-
youtube.com/watch?v=vPp_yJ2C33E
Time Span: 6:25
Trade Suggestion Date: 6/27/2016
Trade Open: 29/6/2016
We are looking for a drop to 55 in longer term.
For trade we are taking Aug16- 95 put ($4.7) or Dec16- 70 Put ($3.7)
You can check our detailed analysis on SNX in the trading room/ Executive summery link here-
youtube.com/watch?v=vPp_yJ2C33E
Time Span: 6:25
Trade Suggestion Date: 6/27/2016
Trade Open: 29/6/2016
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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.