FPRX is forming a nice fallen angel pattern. It had a huge decline, and now getting some upward momentum. For entry we are looking for a break above its SMA50.
* Trade Criteria * Date First Found- April 24, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Break of $34.31 Exit Target Criteria- $39.23 Stop Loss Criteria- $31.73
Please check back for Trade updates. (Note: Trade update is little delayed here.)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.