CAT Short

Entry @ 136.73 Stop @ 140 and Take Profit @ 129.
30 shares.
Max loss is $98.1 max profit will be at least double that if it breaks support at 129 I'll add to it and hold for another $3.
98.1 is less 0.981% capital less than 1%. Good Risk and reward.

Reasons for the trade - Divergence from Range previous to the breakdown as the reversal began that's 1+ point.
Volume in sell off and earnings were mediocre. Trending below 20/50 MA. +3

Grade A Trade. Should work out well.

Let's see how it pans out.
FB active with $6282.9 of capital// Roku active with $3807 // CAT active with 4101.9// with remaining of $5808.2 remaining. All Shorts.

3/100 on the 100 Trade Challange.