FIVN - Downward momentum short setup from $26.43 to $19.33
FIVN is forming a nice downward momentum short setup. It has some insder selling & Twiggs money flow going down sharp to the negative side. We think it has good downside potential. To play this we Could consider $30 July puts currently $2.65
Date First Found- April 4, 2018 Pattern/Why- Downward momentum short setup Entry Criteria- $26.43 Exit Criteria- 1st Target $20.28, 2nd Target $19.33 Stop Loss Criteria- $30.23 Indicator Notes- Twiggs money flow going down sharp. Special Note- Got some insider selling. Could consider $30 July puts currently $2.65
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