Long

MPET- Flag formation Long

Updated
Another flag formation.

Trade Criteria
Entry Target Criteria- Break of $12
Exit Target Criteria- $13, $14
Stop Loss Criteria- N/A

You can check detailed analysis on MPET in the trading room/ Executive summary link here-
youtube.com/watch?v=T2l8ndG-bzQ
Time Span- 5:10"
Trade Status: Pending


Trade closed: target reached
January 17th- Went up huge 18.97% today, hitting our secondary target price. Very good trade, total 41.8% move within one week.
January 12th- Went up huge 10.9% & hit first target. Total profit so far 17.5% in only 2 days.
January 11th- Hit updated entry early in the morning & went up another 6%. Looking very good
January 10th- Seems Flag is broken to the upside but yet to hit entry criteria, updating our entry zone criteria to $11.23 as this looks read to break out.
January 4th- Did not hit entry criteria yet, but looking good. We would keep an close eye.

(Update is Delayed here)
Comment
Relevant Updates:
January 17th- Went up huge 18.97% today, hitting our secondary target price. Very good trade, total 41.8% move within one week.
January 12th- Went up huge 10.9% & hit first target. Total profit so far 17.5% in only 2 days.
January 11th- Hit updated entry early in the morning & went up another 6%. Looking very good
January 10th- Seems Flag is broken to the upside but yet to hit entry criteria, updating our entry zone criteria to $11.23 as this looks read to break out.
January 4th- Did not hit entry criteria yet, but looking good. We would keep an close eye.
LONGMPET

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