NOC seems a nice short setup as it breaking down very nicely. It has lost of insider selling and has broken down all its moving average & now testing its 200 days moving average.
now If it breaks below it can continue much down to the 240 area.
* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- Downward momentum short trade
Entry Criteria- $299.87
Exit Criteria- 1st Target $242.33, 2nd Target - Momentum
Stop Loss Criteria- N/A
Indicator Notes- Twiggs money flow deep into the negative side.
Special Note- Lots of insider selling. We would consider $280 November Puts
Please check back for Trade updates. (Note: Trade update is little delayed here.)
now If it breaks below it can continue much down to the 240 area.
* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- Downward momentum short trade
Entry Criteria- $299.87
Exit Criteria- 1st Target $242.33, 2nd Target - Momentum
Stop Loss Criteria- N/A
Indicator Notes- Twiggs money flow deep into the negative side.
Special Note- Lots of insider selling. We would consider $280 November Puts
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.