CMCO - Upward channel formation short from

١٨ مارس ٢٠١٨

CMCO looks decent short as it is breaking down from an upward channel formation. It has insider selling. We think it was strong downside potential.

* Trade Criteria *
Date First Found- February 6, 2018
Pattern/Why- Upward channel breakdown short
Entry Criteria- Current price (37.55) (Hi February 6, 2018)
Exit Criteria- $33.13
Stop Loss Criteria- $39.67
Indicator Notes- Crossed below its MA100
Special Note- Insider selling

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