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Actionable news in WHR: WHIRLPOOL Corp,

$WHR At Critical Support, Heads Up!! Look At This Chart

This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

Shares of Whirlpool Corporation (NYSE:WHR

) are at critical support on the daily stock chart. Price has fallen into a major trend line at $169.00. If it breaks, there is major downside, likely a drop to $125.00. If it holds, the stock can move back up to $200.00. The way you trade this is easy. You can either buy here and stop out on any close below $169.00. This gives you a tiny risk for solid reward. Or, you can wait for Whirlpool Corp to break the $169.00 level, and jump on the short side, riding it down to $125.00 for a big gain. If it gets back above $169.00, simply stop out. This also gives investors a tiny amount of risk for big reward. Ultimately, I believe Whirlpool Corporation will break down, it is just a matter of time. The stock internals do not look healthy. I am looking to short the break.

View ALL of my trades and Verified performance right now, click here.

This article was written by ST G for on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.


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