MTSI formed a long upward channel in weekly frame. However, It seems getting toppy. So we think it has good downside potential. And if it can breakdown the upward channel it can go al. the way down to $34.33 * Trade Criteria * Date First Found- July 18, 2017 Pattern/Why- Upward channel breakdown (weekly frame) Entry Target Criteria- Break of $59.13 Exit...
CARP is a advanced/aggressive long setup. It has broken out on huge volume yesterday and forming a flag formation in hourly frame. We think it has further upside potential. * Trade Criteria * Date First Found- July 18, 2017 Pattern/Why- Fallen angel breakout Long (advanced/aggressive setup) Entry Target Criteria- Break of $1.53 Exit Target Criteria- $1.83,...
MNKD seems getting some momentum in the hourly frame, and seems ready to go to next resistance label. We think it has good upside potential. * Trade Criteria * Date First Found- July 18, 2017 Pattern/Why- Fallen angel pattern Long Entry Target Criteria- Break of $1.51 Exit Target Criteria- $1.83 - $1.90 Stop Loss Criteria- $1.37 Please check back for Trade...
NRG seems forming a nice flag formation. It had lots of insider buying around $17, before its hotting up. We think it has further upside potential * Trade Criteria * Date First Found- July 18, 2017 Pattern/Why- Flag formation breakout Entry Target Criteria- Break of $23.57 Exit Target Criteria- $26.33 Stop Loss Criteria- $22.13 Please check back for Trade...
SRC seems getting ready to break its key resistance label. It also has huger insider buying. Overall it seems very good long potential. * Trade Criteria * Date First Found- July 17, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $7.87 Exit Target Criteria- $8.73 Stop Loss Criteria- $7.37 Please check back for Trade updates....
MRTX was discussed in the trading room last Thursday, and considered a long entry at $4.07 area. It went up 11% today. So how into it should be in good profit. Who missed it, can look for a break of $4.43 & take a ride. It has good insider buying & it seem it has very strong upside potential. * Trade Criteria * Date First Found- July 17, 2017 Pattern/Why-...
AGEN is breaking through a lot os label of resistance. In longer therm its been declining from $10 & now getting some strength, and money flow is very strong now. It has huge insider buying from another Biotechnology company. We think it has very good upside potential. * Trade Criteria * Date First Found- July 17, 2017 Pattern/Why- Flag formation momentum...
URA is forming a very nice uptrend. Moneyflow was diverging & now broken to the positive side. And on the weekly frame it seems it has huge upside potential. * Trade Criteria * Date First Found- July 13, 2017 Pattern/Why- Fallen angel type Long Entry Target Criteria- Break of $13.77 Exit Target Criteria- 1st Target $16.93; 2nd Target $23.73 Stop Loss...
ARLZ is forming a nice fallen angel pattern with long divergence in moneyflow. It also has good insider buying. We think it has good upside potential. * Trade Criteria * Date First Found- July 13, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $1.50 Exit Target Criteria- $2.43 Stop Loss Criteria- $1.23 Please check back for Trade...
CORT seems from a rising wedge formation. Moneyflow is forming divergence. Now we would consider a short if it reaches to its upper line around $13 mark. We think it has very good down side potential. * Trade Criteria * Date First Found- July 13, 2017 Pattern/Why- Potential rising wedge breakdown Entry Target Criteria- Rise to $12.87-13 Exit Target...
TPX seems breaking out of a inverse H&S formation. It has broken out the neck line, retested it from upside & now resuming its upward move. We think it was good upside potential from here. * Trade Criteria * Date First Found- July 13, 2017 Pattern/Why- Inverse H&S formation Entry Target Criteria- From current label Exit Target Criteria- 1st Target $55, 2nd...
NVGS is forming a nice fallen angel formation, and now testing key resistance label. Moneyflow is very strong. Overall nice long setup, and it has good upside potential if it can break above $8.83 label. * Trade Criteria * Date First Found- July 11, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- $8.83 Exit Target Criteria- $9.83 Stop Loss...
SCXP seems a nice breakout long setup. it has broken out Key resistance area. It has good insider buying, and currently its paying huge 13% dividend. We think it has good upside potential. * Trade Criteria * Date First Found- July , 2017 Pattern/Why- Breakout Momentum long Entry Target Criteria- from current label Exit Target Criteria- 1st Target $19.37,...
This is a intraday alert sent out to our subscribers- TILE seems breaking down from a H&S formation. It appears to be breaking down its right shoulder. We think it will be a good short from here.
CDZI is in the utility sector, which been pretty bearish recently. The utility sector (XLU) seems broken down from an upward channel & going downCDZI also seems breaking down key label of support. It also has some insider selling & very bad 737 price vs Share ratio. We think it is a very good short setup. * Trade Criteria * Date First Found- July 10,...
WAGE has broken down some key support area, and looking very weak. On the other side it has very poor financial ratios, also has insider selling. We think it has good downside potential * Trade Criteria * Date First Found- July 10, 2017 Pattern/Why- Key support breakdown short Entry Target Criteria- Break of $63.23 Exit Target Criteria- $56.13 Stop Loss...
NUGT seems forming a falling wedge & at this moment reversing from the bottom of the Wedge formation. Ideal scenario would waiting for a break out of the wedge however we would consider a speculative long here at this area. Possible options play and am looking at $30 September Calls on NUGT 3.55 , $40 December calls $3.60 * Trade Criteria * Date First Found-...
SPY Made inverse H&S formation in hourly frame as we predicted earlier. Now if it can break above 2434 it can go as high as 2454. We would consider short term call in SPY to catch this gain . * Trade Criteria * Date First Found- July 10, 2017 Pattern/Why- Inverse H&S formation Entry Target Criteria- Break of $2434, Short term Call option Exit Target...