MASI- Bear flag formation short from $85.33 to $77.23

9 במאי 2017

MASI forming a possible bear flag formation. It declined with huge volume. There was strong moneyflow divergence & it dropped sharp. We think MASI is a good short setup.

* Trade Criteria *
Date First Found- May 8, 2017
Pattern/Why- Possible bear flag formation
Entry Target Criteria- Break of $85.33
Exit Target Criteria- $77.23
Stop Loss Criteria- $90.23

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