Long
ANDX - Downward channel breakout continuation Long from $45.43
ANDX broken out of a downward channel, declined and retested its channel resistance. Now it seems getting ready for another run. It also seems forming a nice double bottom pattern. We think it has good upside potential from here.
* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why-Downward channel breakout continuation. Double bottom
Entry Criteria- $45.43 (Hit April 5, 2018)
Exit Criteria- 1st Target $48.47, 2nd Target $51.37
Stop Loss Criteria- $43.83
Indicator Notes- Twiggs money flow divergence
Special Note- lots of Insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why-Downward channel breakout continuation. Double bottom
Entry Criteria- $45.43 (Hit April 5, 2018)
Exit Criteria- 1st Target $48.47, 2nd Target $51.37
Stop Loss Criteria- $43.83
Indicator Notes- Twiggs money flow divergence
Special Note- lots of Insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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