Break below $80 support brings more pain ahead

1 במרץ 2018

P&G is showing weak relative strength in a weak sector (Consumer Staples) and just broke below a key $80 support level. This is likely to bring more pain ahead for this stock as it pulls back spending on weaker revenue growth. Use options to limit your risk such as Put Vertical debit spreads.
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7 במרץ 2018

עסקה פעילה

Retested $80 resistance level and bounced lower off it, suggests continuation lower.

19 באפר׳ 2018

עסקה סגורה: היעד הושג

Target reached at $75 today. Look to take profits on this short.