SWKS seems falling down from its all time high resistance in longer term, and in the short term it seems forming a flag formation. It also has huge insider selling recently. Overall it looks very interesting short opportunity.
* Trade Criteria * Date First Found- June 29, 2017 Pattern/Why- Double top formation; Flag formation Entry Target Criteria- Break of $93.87 Exit Target Criteria- 1st Target $72.23, 2nd Target $62.23 Stop Loss Criteria- $105.93 Special Note- We would consider November $92.50 & $75 puts, last traded for $6.70 & $1.75 consecutively
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