FL - Rising wedge breakdown short from $70.13 to $66

٢٢ فبراير ٢٠١٧

FL seems forming a rising wedge formation. Breaking below $70.13 would be wedge break-down confirmation, and if it breaks it can decline to $66.

* Trade Criteria *
Date first found- February 21, 2017
Pattern/Why- Rising wedge
Entry Target Criteria- Break of $70.13
Exit Target Criteria- $66
Stop Loss Criteria- N/A

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