FIVN is forming a nice downward momentum short setup. It has some insder selling & Twiggs money flow going down sharp to the negative side. We think it has good downside potential.
To play this we Could consider $30 July puts currently $2.65
Date First Found- April 4, 2018
Pattern/Why- Downward momentum short setup
Entry Criteria- $26.43
Exit Criteria- 1st Target $20.28, 2nd Target $19.33
Stop Loss Criteria- $30.23
Indicator Notes- Twiggs money flow going down sharp.
Special Note- Got some insider selling. Could consider $30 July puts currently $2.65
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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