CASH (Meta Financial Group Inc) offers an objective short entry on this backfill of the large May 1st gap that came shortly after the stock broke down below this daily bearish rising wedge pattern & will be added as an Active Short Trade here around the 110.80 level.
CASH daily May 25th
The sole price target at this time is T1 at 95.24 with the possibility of one or more additional price targets to be added, depending on how the charts of both CASH & the broad market develop going forward. The suggested stop is a daily close above 116.41 with a suggested beta-adjusted position size of 1.0.
CASH weekly May 25th
CASH recently put in a divergent high on this 10-year weekly chart & appears headed down for another test & possible break down below the primary bull market uptrend line in the coming months