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Upward_channel

BSX - Upward channel breakdown short from $27.60 to $24.67 BSX hit its speculative entry as it broken below $29 label, and now it seems breaking down its Upward channel formation. We would consider a secondary entry at the confirmation break of upward channel around $27.60 * Trade Criteria * Date First Found- October 25, 2017 Pattern/Why- Upward channel breakdown short Entry Target Criteria- Break of $29 (Speculative entry); Confirmed Entry $27.60 Exit Target Criteria- $24.67 & Lower Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:BSXShort
by AcornWealthCorp
IMPV - Uptrend breakdown short from $40.73 to $26.33IMPV is breaking out of an upward channel, It has big insider selling & its Price/Free Cash Flow Ratio is really high(239.95). We think it will decline from here, however break of $39.19 would be the big fall confirmation that would validate the H&S formation its forming on longer term. * Trade Criteria * Date first found- March 20, 2017 Pattern/Why- Upward channel breakdown, long term H&S formation Entry Target Criteria- Break of $40.73 Exit Target Criteria- $26.33 Stop Loss Criteria- $43.07 Option - Would consider June $42.50 puts currently 3.91. Please check back for Trade updates. (Note: Trade update is little delayed here.)
IShort
by AcornWealthCorp
VCIT - Longterm Upward channel breakdown Short from $84.83VCIT was one of our recent Short alert. It is running within a broad Upward channel, noticeable in weekly frame. Moneyflow was diverging & now in the negative side. We been waiting for the perfect entry point & now it seems ready to fall. We think it can decline down to $79 area. * Trade Criteria * Date first found- March 14, 2017 Pattern/Why- Longterm Upward channel breakdown Entry Target Criteria- Break of $84.83 Exit Target Criteria- $79.73 Stop Loss Criteria- $86.13 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:VCITShort
by AcornWealthCorp
AMD - Nice downward potential from $12.96 to $10.33AMD crossed below EMA lines after a good upward run. It has moneyflow divergence. Now it seems testing its overhead resistance from beneath, and we think it will fail to cross above & decline from here. * Trade Criteria * Date first found- March 8, 2017 Pattern/Why-Upward channel breakdown Entry Target Criteria- Break of $12.96 Exit Target Criteria- $13.77 Stop Loss Criteria- $10.33 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:AMDShort
by AcornWealthCorp
BMS - Head & shoulder formation Short from $48.17BMS coming out of an upward channel, and appears to be coming out of a previous Head & shoulder formation. It also has quite chunk of insider selling. On the option side we would consider $50 April-17 Puts, last traded for $2 * Trade Criteria * Date first found- March 7, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $48.17 Exit Target Criteria- $44.67 Stop Loss Criteria- $49.13 Please check back for Trade updates. (Note: Trade update is little delayed here.)
BShort
by AcornWealthCorp