FIVE - FIVE Bearish?

They didn’t do well on earning and lowered guidance but price targets $20 to $30 higher than current price so may not drop much and just follow market.

FIVE is in a downtrend. Bearish entries should be okay at this moment. It’s suggested that you wait until the next SELL signal or weakening uptrend signal before taking entries on this bearish play.

Confirmed Buy Alert on 3m Timeframe for FIVE.

Positioning before 10AM is generally not reccomended due to increased volatility

Strong Confirmed Sell Alert on 3m Timeframe for FIVE.

Positioning before 10AM is generally not reccomended due to increased volatility

Potential Downtrend Weakening/Reversal Point on 3m Timeframe for FIVE. This is may be a good spot to start scaling out of puts.

Confirmed Buy Alert on 3m Timeframe for FIVE.

A Normal Buy Signal has Turned Strong on 3m Timeframe for FIVE. Consider Dropping Puts.

A Normal Buy Signal has Turned Strong on 3m Timeframe for FIVE. Consider Dropping Puts.

Morning Update
The last AH signal for FIVE was a SELL on the 3m Timeframe

The last signal can occasionally be indicative of a sustained trend, however opening volatility can quickly change the situation so be sure to be mindful and take profit if you see it.