MYGN - Flag formation Momentum long from $18 or higher
Updated
MYGN is another nice Flag formation with beautiful moneyflow accumulation. Anything close to $18 would be a good entry point or break of current label
* Trade Criteria *
Date First Found- February 19, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Near $18 or Break of $18.67
Exit Target Criteria- Momentum
Stop Loss Criteria- $16.83
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- February 19, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Near $18 or Break of $18.67
Exit Target Criteria- Momentum
Stop Loss Criteria- $16.83
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
February 21st- Traded into breakout entry, traded higher and closed at the top of the range. Looking very good as Long. February 23rd- Went up & made a higher high. Looking good as long.
Note
February 27th- Updating our stop loss criteria to $18.23Note
March 9th - Going sideways & holding to EMA lines. Wait & see situationNote
March 13th - Consolidation broke with a good upward jump, and looking very strong. Updating stoploss to $18.73
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
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.