AcornWealthCorp

FIVN - Downward momentum short setup from $26.43 to $19.33

Short
NASDAQ:FIVN   Five9, Inc.
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

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