INSY is an interesting flag setup. Moneyflow has strong positive divergence, and in strong uptrend in the positive side. Good potential to run up to Moving averages around $12.50
* Trade Criteria * Date First Found- February 19, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $11.27 Exit Target Criteria- $12.43 Stop Loss Criteria- $10.43
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
February 21st- Traded into opening price
Trade closed: target reached
February 21st- Traded into opening price & hit the target today. Closed half of the position off, and updating stoploss to entry price at $11.27
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