FI: Descending triangleDescending triangle
Neutral volume
Descending 200MA
Descending ATR
250RSI below 50
Bearish since 2014. No reason not to ncontinue.
If confirmed
Could be worth pennies
0IP9 trade ideas
FI - Downward channel breakout Long from $7.19 to $9.24FI seems trying to break out a downward channel formation. It has very strong Twiggs money flow. We think it has very good upside potential.
* Trade Criteria *
Date First Found- April 26, 2018
Pattern/Why- Downward channel breakout Long
Entry Criteria- $7.19
Exit Criteria- $9.24
Stop Loss Criteria- $6.63
Indicator Notes- Very strong Twiggs money flow index
Please check back for Trade updates. (Note: Trade update is little delayed here.)
