URI- We are looking for $75 December put
URI running within a rising wedge & rolling over to the down side. Moneyflow has strong neg-divergence, and there was a insider selling in September.
So we think it will decline from here breaking down the wedge formation.
For trade we are looking for $75 December put ( Strath already in) last traded for $3.70
You can check our detailed analysis on URI in the trading room/ Executive summary link here-
youtube.com/watch?v=HUGCdxPNf3g
Time Span: 2:45"
Trade Status: Option trade running
So we think it will decline from here breaking down the wedge formation.
For trade we are looking for $75 December put ( Strath already in) last traded for $3.70
You can check our detailed analysis on URI in the trading room/ Executive summary link here-
youtube.com/watch?v=HUGCdxPNf3g
Time Span: 2:45"
Trade Status: Option trade running
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