JACK looks pretty interesting short setup. It had a huge decline below MA200 & holding this support now. Moneyflow has plummeted. It has huge downward potential if it can break the support label.
* Trade Criteria *
Date First Found- March 2, 2017
Pattern/Why- Support breakdown
Entry Target Criteria- Break of $92.77
Exit Target Criteria- Momentum
Special Note- We would consider $95 April Puts @ $3.60 or $95 Jun Puts @ $6.50
Please check back for Trade updates. (Note: Trade update is little delayed here.)