In this video I walk you through a trade in Horizon Pharmaceuticals (HZNP) which has been crushed recently in the Valient Tsunami.

• We look at big picture price and what various holders may be thinking
• We break down intra-day criteria and how to use them for trade confirmation or rejection
• We identify key price levels prior to entering the trade so we are prepared to execute against those levels

Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 19 years. His email address is: [email protected].

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