NCMI - Fallen angel pattern Long from $7.57 to $9.87

NCMI is forming a nice fallen angel pattern. Very nicely shopping up, and tethering its SMA20. It also has huge moneyflow accumulation. We think it has good upside potential.

* Trade Criteria *
Date First Found- June 8, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $7.57
Exit Target Criteria- $9.87
Stop Loss Criteria- $7.07

Please check back for Trade updates. (Note: Trade update is little delayed here.)
breakoutBullish Patternsfallen-angelLONGNCMISPDR S&P 500 ETF (SPY)

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