Looks falling from its right shoulder of head & shoulder pattern.
We are looking for a drop to 55 in longer term.
For trade we are taking Aug16- 95 put ($4.7) or Dec16- 70 Put ($3.7)
You can check our detailed analysis on SNX in the trading room/ Executive summery link here-
www.youtube.com/watch?v=vPp_yJ2C...
Time Span: 6:25
Trade Suggestion Date: 6/27/2016
Trade Open: 29/6/2016
We are looking for a drop to 55 in longer term.
For trade we are taking Aug16- 95 put ($4.7) or Dec16- 70 Put ($3.7)
You can check our detailed analysis on SNX in the trading room/ Executive summery link here-
www.youtube.com/watch?v=vPp_yJ2C...
Time Span: 6:25
Trade Suggestion Date: 6/27/2016
Trade Open: 29/6/2016
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