MVIS - Flag formation Long from $2.60 to $2.87MVIS was in the intraday alert for possible trade opportunity. It was a downward channel breakout long trade from $1.70 to $2.70, and now it seems forming another flag formation. Its breaking out downward consolidation of the flag, and showing strong upside potential.
* Trade Criteria *
Date first found- March 27, 2017 (intraday)
Pattern/Why-Flag Formation
Entry Target Criteria- Break above $2.60 (hit March 27, 2017)
Exit Target Criteria- $2.87
Stop loss - $2.37
Please check back for Trade updates. (Note: Trade update is little delayed here.)
