JD - Potential H&S formation short from $37.47 to £33.38

24 Eki 2017

JD is forming a potential H&S formation. It has strong twiggs money flow divergence. We think it has good downside potential. To trade this we would also consider January $37.00 Puts currently $1.53

* Trade Criteria *
Date First Found- October 23, 2017
Pattern/Why- Potential H&S formation
Entry Target Criteria- Break of $37.47
Exit Target Criteria- $33.38
Stop Loss Criteria- N/A
Special Note- Would consider January $37.00 Puts currently $1.53

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