MEDP seems running within an upward channel formation. Right now it's getting back from its upper Chanel line. It also has some 100% selles from insider. We think it has good downside potential.
To trade one could consider June $55 or $60 Puts
-------------------
*Trade Idea*
Date First Found- February 11, 2019
Pattern/Why- Upward Channel formation
Entry Criteria- $60.87
Exit Criteria- 1st Target: $50.33, 2nd Target: 33.13
Stop Loss Criteria- $65.73
To trade one could consider June $55 or $60 Puts
-------------------
*Trade Idea*
Date First Found- February 11, 2019
Pattern/Why- Upward Channel formation
Entry Criteria- $60.87
Exit Criteria- 1st Target: $50.33, 2nd Target: 33.13
Stop Loss Criteria- $65.73
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Check out some of our free video examples @ smartmoneytrading.com/insights/
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.
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/
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.