Long
MGEN - Downward channel breakout long from $7.25 to $8.87
MGEN also from Thursdays trading room discussion. It was moving along the upper channel line after breaking out of a channel formation and got some upward momentum now. We think it will continue upward from here.
* Trade Criteria *
Date First Found- May 3, 2018
Pattern/Why- Downward channel breakout continuation.
Entry Criteria- Current Levels ($7.25)
Exit Criteria- $8.87
Stop Loss Criteria- $6.43
Indicator Notes- Twiggs money crossed to the positive
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- May 3, 2018
Pattern/Why- Downward channel breakout continuation.
Entry Criteria- Current Levels ($7.25)
Exit Criteria- $8.87
Stop Loss Criteria- $6.43
Indicator Notes- Twiggs money crossed to the positive
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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