West Pharma - WST - Daily - Big Top Pattern BUT

26 янв. 2015 г.

A very obvious distribution pattern (we all call a H&S top) and a clear downtrend, but it is right into support from the last KEY HIDDEN LEVEL - EARNINGS SUPPORT and furthermore, earnings are due shortly.

So, If we can see 51-52 to sell against AND earnings are out, then I would go for a short for a 49-47 target and risk $1-$1.50 from entry.

Tim 9:52AM EST Monday, January 26, 2015