Pennystock - ECYTHad a nice run-up, daily bearish divergence. Seems like a good place to short due to morning panic
ECYT
ECYT - Flag formation Momentum Long from $3.03 to $4.13ECYT was discussed in trading room last Thursday as Flag play & it played out beautifully. It seems flagging again, and showing strong upward momentum breaking out long term resistance. We think it has potential to go as high as $4.13
* Trade Criteria *
Date First Found- May 15, 2017
Pattern/Why- Flag formation (Possible Momentum Trade)
Entry Target Criteria- Break of $3.03
Exit Target Criteria- 1st Target $3.33, 2nd Target $4.13
Stop Loss Criteria- $2.73
Please check back for Trade updates. (Note: Trade update is little delayed here.)
