Xafada

KEG Double Bearish Pattern Suggest $5.5 Very Likely

Short
NYSE:KEG   None
5
This is a follow up trade that we initiated on 6/30/14 Sep 10p @1.45. The double bearish pattern as u see on the chart both suggest a measured target price $5.5 at the time of the trade, we noted that if price fails to push at least 5% from May high we will take short position of which we did. Now, HSH pattern is confirmed along with bearish triangle..if u decide to trim the position go ahead n do it. Good to hold but change ur stop lose and round $8.29. Follow us if u like this.

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