ZAYO - H&S formation short from $34.67 to $30.15 & Lower

٦ ديسمبر ٢٠١٧

ZAYO seems to be breaking down. It could be possibly a Long term H&S formation. It had 168 million worth insider selling recently , and huge more insider selling from January till now. We think it has strong downside potential.

* Trade Criteria *
Date First Found- December 5, 2017
Pattern/Why- Potential Longer term H&S formation
Entry Target Criteria- Current Price ($34.67)
Exit Target Criteria- 1st Target $30.15 2nd Target $23
Stop Loss Criteria- $36.15
Indicator Notes-Twiggs moneyflow getting deep in the negative side.
Special Note- 168 million worth insider selling recently , and huge more insider selling from January till now

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