AcornWealthCorp

AcornWealthCorp

ACTG looks an interesting long setup. It is running within a downward channel & now at the bottom of the channel formation. It has insider buying & strong money flow divergence. We think it has good upside potential from current level. * Trade Criteria * Date First Found- February 6, 2018 Pattern/Why- Short term Speculative Long Entry Criteria- Current...

AcornWealthCorp

CMCO looks decent short as it is breaking down from an upward channel formation. It has insider selling. We think it was strong downside potential. * Trade Criteria * Date First Found- February 6, 2018 Pattern/Why- Upward channel breakdown short Entry Criteria- Current price (37.55) (Hi February 6, 2018) Exit Criteria- $33.13 Stop Loss Criteria- $39.67...

AcornWealthCorp

ANDV seems forming a double top here with a strong Twiggs money flow divergence. We think it has good downside potential. To play this we would consider $97.50 May Puts. Relevant Updates: * Trade Criteria * Date First Found- February 5, 2018 Pattern/Why- Double top on Weekly chart Entry Criteria- Short at current price ($102.00) (Hit February 5, 2018) Exit...

AcornWealthCorp

HCN formed a beautiful longterm H&S formation. Money flow heading down. We think it has Long-term downward potential. To play this we would look at $47.50 January 2019 Puts currently $2.75 * Trade Criteria * Date First Found- November 27, 2017 Pattern/Why- H&S formation in weekly frame Entry Criteria- current price ($67.47) (hit November 28, 2017) Exit...

AcornWealthCorp

ALGN still looks good as H&S Pattern. It seems declining forming its right shoulder. Money flow is declining. We think it has good downside potential. To trade this we would consider $230 July puts @ $13.50 * Trade Criteria * Date First Found- March 1, 2018 Pattern/Why- Possible H&S formation Entry Target Criteria- From current price Exit Target Criteria-...

AcornWealthCorp

EXEL seems breaking down from a Triangle formation in short frame & breaking down an upward channel in the long frame. We think if it breaks below $25.93, it will continue its down move to 20 or lower. To play this we would consider $27 April Puts * Trade Criteria * Date First Found- February 27, 2018 Pattern/Why- Upward channel breakdown short Entry...

AcornWealthCorp

DAN is a nice smart money short setup with significant insider selling. It also has great Money flow divergence. We think it has strong downside potential if it can break 26.90 level. To play this we would consider $27 June Puts * Trade Criteria * Date First Found- February 27, 2018 Pattern/Why- Smart money momentum short setup Entry Target Criteria- Break...

AcornWealthCorp

PFGC formed an inverse bump & run formation and now seems breaking into its Channel formation. It has a fair amount of insider selling & big institutional selling. We think it has strong downside potential. * Trade Criteria * Date First Found- February 21, 2018 Pattern/Why- Inverse bump & run formation Entry Target Criteria- Break of $29.73 Exit Target...

AcornWealthCorp

ALGN seems forming a H&S formation along with decent insider selling. We think it has good downside potential from current lebel. To trade this we Could consider the $230 July puts which are currently $13.50. * Trade Criteria * Date First Found- February 21, 2018 Pattern/Why- Possible H&S formation Entry Target Criteria- Current price Exit Target Criteria-...

AcornWealthCorp

MBII came into our smart money scan as it had 26 million dollar worth insider purchase on 7th Feb. On the technical side it seems running within an upward channel & now heading to its upside resistance. We think it has a good chance to hit $1.43 shortly. * Trade Criteria * Date First Found- February 15, 2018 Pattern/Why- Momentum upward trade Entry Target...

AcornWealthCorp

AMC is another longer term play that we are watching from some time. It looks very interesting as it seems breaking out of a downward channel formation. It also has very good insider buying. We think it has strong upward potential. * Trade Criteria * Date First Found- February 15, 2018 Pattern/Why- Downward channel breakout Long; Longer term smart money play ...

AcornWealthCorp

VSI was in our watch list from very long time. It looks very interesting as long. It has came down from a huge high of $65 & now seems forming some base here. It has Very large insider buying, 1.1million bought at $3.83 on 6th of Feb. We think it has huge upside potential from here. * Trade Criteria * Date First Found- February 15, 2018 Pattern/Why- Fallen...

AcornWealthCorp

NVAX had huge run on very big volume, and now its pulling back to support. It has big % insider buying. We think it will continue upward from its current label. * Trade Criteria * Date First Found- January 17, 2018 Pattern/Why- Aggressive reversal play potential Entry Target Criteria- Current label ($1.73) Exit Target Criteria- 1st Target $2.37, 2nd Target...

AcornWealthCorp

DFRG is running within an upward channel formation. However, it seems forming a flag formation. If it can break out the channel, it can continue upward. * Trade Criteria * Date First Found- January 17, 2018 Pattern/Why- Flag formation long Entry Target Criteria- Break of $17.07 Exit Target Criteria- Momentum Stop Loss Criteria- N/A Indicator...

AcornWealthCorp

EXXI was a good trade & hit its target. However, it is coming back to its support. We think it will be a good re-entry point. * Trade Criteria * Date First Found- January 17, 2018 Pattern/Why- Possible re-entry point from support Entry Target Criteria- at current price ($7.07) Exit Target Criteria- $10.62 Stop Loss Criteria- $6.63 Please check back for...

AcornWealthCorp

CPTA seems started to make a move as it has broken out its 50 days moving average. Moeny flow is building. It has multiple insider buying from $7.70 - $9. We think it has good upside potential from here. * Trade Criteria * Date First Found- January 17, 2018 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $7.72 Exit Target Criteria- 1st...

AcornWealthCorp

PLG Looks great for possible long-term speculative Long trade. We think it will be good buy at current level * Trade Criteria * Date First Found- January 11, 2018 Pattern/Why- possible long term speculative Long trade Entry Target Criteria- Current price ($0.49) Exit Target Criteria- Longer term Momentum hold potential Stop Loss Criteria- $0.39 Please...

AcornWealthCorp

OTIC looks like its just brekaing out its Moving averages & Picking up volume. We think it will continue from here, however for confirmation we would like to see the break out of $6.33. * Trade Criteria * Date First Found- January 11, 2018 Pattern/Why- Breakout Long trade Entry Target Criteria- Break of $6.33; Aggressive entry at current price ($6.10) Exit...