URI running within a rising wedge & rolling over to the down side. Moneyflow has strong neg-divergence, and there was a insider selling in September.
So we think it will decline from here breaking down the wedge formation.
For trade we are looking for $75 December put ( Strath already in) last traded for $3.70
You can check our detailed analysis on URI in the trading room/ Executive summary link here-
www.youtube.com/watch?v=HUGCdxPN...
Time Span: 2:45"
Trade Status: Option trade running
So we think it will decline from here breaking down the wedge formation.
For trade we are looking for $75 December put ( Strath already in) last traded for $3.70
You can check our detailed analysis on URI in the trading room/ Executive summary link here-
www.youtube.com/watch?v=HUGCdxPN...
Time Span: 2:45"
Trade Status: Option trade running
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at www.smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
