TCMD - Upward channel breakdown short from current price to $23
TCMD seems breaking down from an Upward channel, It has Strong Insider selling,
Financial ratios are very poor as it has huge 402 E/P & forward P/E 127.7
Looks good for short setup at current price
* Trade Criteria *
Date First Found- August 2, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Break of $28.49 (Current price)
Exit Target Criteria- 1st Target $25.13, 2nd Target $22.83
Stop Loss Criteria- $31.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Financial ratios are very poor as it has huge 402 E/P & forward P/E 127.7
Looks good for short setup at current price
* Trade Criteria *
Date First Found- August 2, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Break of $28.49 (Current price)
Exit Target Criteria- 1st Target $25.13, 2nd Target $22.83
Stop Loss Criteria- $31.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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