AcornWealthCorp

FN - Short now, target- 31.13

Short
NYSE:FN   Fabrinet
fn
FN seems braking down from longer term upward channel. Money-flow is diverging & just broke down to negative area.

We like to take the trade at current price & for trade we are looking for Oct16- 35 put, which are currently trading for $2.03

You can check our detailed analysis on FN in the trading room/ Executive summery link here-
www.youtube.com/watch?v=7Wn2toXV...
Time Span: 1:25"
Trade Status: Oct16 Trade opened ( Aug 5th)

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/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.