INTC seems forming a double top formation with strong negative money flow divergence. We think it provides a nice option trading opportunity, and we would consider July $44 Puts Currently $1.30
* Trade Criteria * Date First Found- February 28, 2018 Pattern/Why- Possible double top formation Entry Criteria- $44 July Puts @ $1.30 (Hit March 1, 2018) Exit Criteria- $35.57 Stop Loss Criteria- N/A Indicator Notes- Very strong divergence in the moneyflow Special Note- Strong Twiggs money flow divergence
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