#GPK #short #stock #H&S
GPK short. 3.4 RRR
SEP 18 Puts $.95/1.15
If by June 30 2018 price at least $13.60 expect a minimum of 70% return (70 cents). That is enough to cover the spread and still make a health profit. If option falls below or equals 45 cents exit trade.
Daily
GPK has formed an H&S with a higher right shoulder than left shoulder. Stoch his setting up for a down move. MACD setting up for a possible further down move. OBV in decline
Weekly
All three indicators are in decline on the weekly: MACD, Stoch RSI, OBV. Price action has formed a H&S on the far right of the chart.
monthly
two of three indicators rolling over: MACD and Stoch RSI. OBV still looks good. With overall market in decline this stock will likely go decline into the support levels identified in the chart.
SEP 18 Puts $.95/1.15
If by June 30 2018 price at least $13.60 expect a minimum of 70% return (70 cents). That is enough to cover the spread and still make a health profit. If option falls below or equals 45 cents exit trade.
Daily
GPK has formed an H&S with a higher right shoulder than left shoulder. Stoch his setting up for a down move. MACD setting up for a possible further down move. OBV in decline
Weekly
All three indicators are in decline on the weekly: MACD, Stoch RSI, OBV. Price action has formed a H&S on the far right of the chart.
monthly
two of three indicators rolling over: MACD and Stoch RSI. OBV still looks good. With overall market in decline this stock will likely go decline into the support levels identified in the chart.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.