HUN- Upward channel breakdown short from $23.93 to $19.73

31 במאי 2017

HUN is breaking down an upward channel. Moneyflow declined very sharp & it some some insider selling as well.
We think it will decline further & we would consider it as a momentum short from $23.93

* Trade Criteria *
Date First Found- May 30, 2017
Pattern/Why- Upward channel breakdown short
Entry Target Criteria- Break of $23.93
Exit Target Criteria- 1st Target $21.23, 2nd Target $19.73
Stop Loss Criteria- $25.33

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