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.)