ALGN seems forming a H&S formation along with decent insider selling. We think it has good downside potential from current lebel. To trade this we Could consider the $230 July puts which are currently $13.50.
* Trade Criteria * Date First Found- February 21, 2018 Pattern/Why- Possible H&S formation Entry Target Criteria- Current price Exit Target Criteria- 1st Target $222.13 and 2nd target $171.23 Stop Loss Criteria- $264.30 Indicator Notes- Twiggs money flow heading down Special Note- Could consider the $230 July puts which are currently $13.50
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.