Break below $80 support brings more pain ahead

2018年3月1日

P&G is showing weak relative strength in a weak sector (Consumer Staples) and just broke below a key $80 support level. This is likely to bring more pain ahead for this stock as it pulls back spending on weaker revenue growth. Use options to limit your risk such as Put Vertical debit spreads.
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2018年3月7日

交易進行

Retested $80 resistance level and bounced lower off it, suggests continuation lower.

2018年4月19日

交易結束：目標達成

Target reached at $75 today. Look to take profits on this short.