IDXX is forming a flag formation. It seems broken out of its flag consolidation & now heading upward. With the flag breakout it can go up to $160
* Trade Criteria * Date first found- March 9, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $149.73 Exit Target Criteria- $160 Stop Loss Criteria- $146.23
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
March 10th - Traded upward, hit entry price and closed higher. Looking good as long.
Note
March 13th - Made a nice upward move, and closed upper half of the range. Looking very good so far.
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April 4th - holding MA support well updating our stop loss criteria to $150.73
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