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AcornWealthCorp
13. Okt. 2016 14:32

AXTA- Short at the break of 25.87 Short

Axalta Coating Systems Ltd.NYSE

Beschreibung

AXTA seems breaking down forming a downward head & shoulder pattern. It has massive insider selling.

Breaking below 25.87 will be continuation of head & shoulder. & the formation can take it down to 24 area.

On the option side we are looking for $26 January Puts $1.26

You can check our detailed analysis on AXTA in the trading room/ Executive summary link here-
youtube.com/watch?v=s_O2vQM05aQ
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