Relevant Updates:
January 23rd- ...........(Coming soon)
January 19th- Declined further breaking the consolidation range. $55 Mar-17 Puts traded as high as $2.10, that is 23.5% higher from entry.
January 18th- Declined after testing resistance near entry price, looking good as short.
January 12th- showing some weakness & moneyflow still in the negative side, still looks a god short.
January 6th- Nice 2.81% decline today, and closed below MA100 lines. Looking good as short now.
January 5th- Went up a bit & closed above MA50, not looking good as short.
January 3rd- Seems breaking to the upside. Not looking great. However still below entry price.
December 29th- Consolidating between MA20 & MA50. Not looking very good.
December 28th- Seems rolling over to the downside with down volume was much higher from last few days volume.
December 27th- Consolidation continues with lower volume, and seems forming a triangle formation. Let's see which way it breaks.
December 21st- Consolidating just under the opening price from last few days. Not looking good.
December 16th- Retesting MA20, and moneyflow is still in the negative side. Still looking good as short.
December 14th- A short position was considered as the price hit upward channel support/resistance from beneath. Wonderfull risk/reward ratio.