HLT - Upward channel breakdown short from $56.13 to $51 area

HLT looking a good short setup. It seems breaking down from upward channel, also broken down strong support label. It has great moneyflow divergence. We think it will be a great short & we would consider $57.50 April-17 puts

* Trade Criteria *
Date first found- March 8, 2017
Pattern/Why-Upward channel breakdown, Support breakdown
Entry Target Criteria- Break of $56.13
Exit Target Criteria- $51.13
Stop Loss Criteria- $58.13

Please check back for Trade updates. (Note: Trade update is little delayed here.)

Zlecenie aktywne:

March 9th -Hit entry criteria & closed lower. Looking very good as short.

Transakcja zakończona: osiągnięto poziom stop:

March 15th - Could not hold to our stoploss, and stopped out today. Taking off the list.