TFX - Inverted Flag formation short from $145.93 to $132.13

Singkat

Teleflex Incorporated (NYSE:TFX)

NYSE:TFX Teleflex Incorporated

tfx short option put

TFX broke-down long tern trend in weekly frame, retested it from beneath & now falling down. In the daily frame it is forming a bear flag formation & related upward channel. Both pattern suggestion a decline & we are looking for a short if it breaks below $145.93 & our first target is $132.13

You can check our detailed analysis on TFX in the trading room/ Executive summary link here-

Time Span- 4:30"
Trade Status: Pending

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