ARLP seems forming a possible bump & run formation. The best thing about it is the huge volume in the breakout candle that suggest the reversal of the trend. It is a bit speculative trade but seems a good long opportunity * Trade Criteria * Date First Found- May 6, 2018 Pattern/Why- Possible flag formation. Advanced Bump & run formation. Entry Criteria-...
MITK is forming a possible flag formation. It also seem an advance fallen angel formation. We think it has good upside potential and it can be a momentum continuation trade. * Trade Criteria * Date First Found- May 6, 2018 Pattern/Why- Possible flag formation, advance fallen angel formation Entry Criteria- Current Levels ($ Exit Criteria- 1st Target $9.70; 2nd...
APRN started to push up after making a base here. It has broken out its recent resistance on huge volume and Twiggs money flow surging really high. We consider it as a very good momentum play. * Trade Criteria * Date First Found- May 6, 2018 Pattern/Why- Possible fallen angel momentum play Entry Criteria- Possible entry here ($2.44), look for possible early...
ANW looking very good as long. It has broken out of its consolidation and money flow going up sharply in the positive zone. It also has very good insider buying, 5 different insider bought in January & February. * Trade Criteria * Date First Found- May 6, 2018 Pattern/Why- Breakout momentum Long Entry Criteria- Break of $3.48 Exit Criteria- Momentum Stop...
MGEN also from Thursdays trading room discussion. It was moving along the upper channel line after breaking out of a channel formation and got some upward momentum now. We think it will continue upward from here. * Trade Criteria * Date First Found- May 3, 2018 Pattern/Why- Downward channel breakout continuation. Entry Criteria- Current Levels ($7.25) Exit...
FTR looks very good as long as it continuing upward after its earnings report. Twiggs money flow showing its upward strength. It also went through the entry criteria we discussed on last trading room discussion. * Trade Criteria * Date First Found- May 3, 2018 Pattern/Why- Upward momentum Long setup Entry Criteria- pull back to $10.27, or a break through...
EMES was also discussed on the trading room last Thursday. It has good % & good amount of insider buying. Twiggs money flow accumulating from quite some time and it has broken out its long term down trend. We think it will continue upward from here. * Trade Criteria * Date First Found- May 3, 2018 Pattern/Why- Upward momentum Long Entry Criteria- Current...
FDC was mentioned in our last trading room discussion on May 3rd. Earnings are already reported & it jumped up with the earnings and broke above its downward channel formation. We discussed it will be a possible long if it breaks above $18.43 & it did break that on Friday & looking great so far. We think it will continue upward. * Trade Criteria * Date First...
CLNS is another speculative trade. Its been under a lot of downward pressure from the momentum, and now it seems trying to break the momentum to the upside. We think it has good upside potential if it can break above its 50 days moving average around $6.25 area. * Trade Criteria * Date First Found- April 26, 2018 Pattern/Why- Fallen angel formation Entry...
MARA seems forming a nice fallen angel formation. There is a possible momentum scenario building here. It is a speculative trade in Block-chain industry, be aware of the risk. * Trade Criteria * Date First Found- April 26, 2018 Pattern/Why- FAllen angel formation Entry Criteria- Current Price ($1.80) Exit Criteria- 1st Target $2.43 & 2nd Target $3.23 Stop...
GS seems forming a possible downward neckline H&S formation. Twiggs money flow deep in the negative side. Now if it can break its neckline around 236, it can decline down to 220 area. * Trade Criteria * Date First Found- April 26, 2018 Pattern/Why- H&S formation Entry Criteria- $236.83 Exit Criteria- $219.13 Stop Loss Criteria- $246.77 Indicator Notes-...
FI 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...
LGND seems breaking down from a (possible) H&S formation. It broke its neckline on strong volume. We are keeping it on our watch list as a potential short. Please check back for Trade updates. (Note: Trade update is little delayed here.)
NAK seems having a nice push after making a base here. It is forming a nice fallen angel formation. Twiggs money flow accumulating very nicely. We think it has strong upside potential from current Level. * Trade Criteria * Date First Found- April 19, 2018 Pattern/Why- Fallen angel formation Entry Criteria- From Current price ($0.959) (Hit April 19,...
GE Starting to look good again! However got to be careful with how much you risk due to earnings upcoming. $15 January 2019 Calls - $1.08 * Trade Criteria * Date First Found- April , 2018 Pattern/Why- Fallen angel pattern Entry Criteria- $15 January 2019 Calls - $1.08 Exit Criteria- Momentum Stop Loss Criteria- N/A Indicator Notes- Twiggs money flow...
ADMP seems running within a long-term downward channel. It had 4 touches in the top channel line & two powerful run from the bottom with strong twiggs money flow divergence. We think it has strong upside potential. * Trade Criteria * Date First Found- April 18, 2018 Pattern/Why- Downward Channel breakout Long Entry Criteria- $4.07 Exit Criteria- $5.43 Stop...
ARDM is a very speculative long setup. It had a big jump with huge surge in volume and pulled back with lower volume. We think it would be a interesting day trade opportunity. * Trade Criteria * Date First Found- April 18, 2018 Pattern/Why- Very speculative Long setup (Day trading) Entry Criteria- Intraday Play Exit Criteria- $2 & $2.50 Stop Loss Criteria- N/A...
PATK seems very interesting short setup. It has broken down from a pennant formation. It is breaking down a long term support, and it also has a double top formation. All these technical suggesting a decline. We think it has strong downside potential. * Trade Criteria * Date First Found- April 18, 2018 Pattern/Why- Support breakdown short, Double top & Pennant...