SBNY - H&S formation breakdown short from $132.13 to $122.13
SBNY seems breaking down forming a H&S formation. It also broken down key support label on huge volume recently. We would consider a short if it breaks below $132.13
* Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- H&S formation, Key support breakdown short Entry Target Criteria- Break of $132.13 Exit Target Criteria- $122.13 Stop Loss Criteria- $138.33
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