PG seems forming a possible bump & run formation. Fundamental is not really great but we are considering it as a pure technical play. To play this we would consider July 21st Calls - $0.95 * Trade Criteria * Date First Found- June 20, 2017 Pattern/Why- Potential Bump & run formation Entry Target Criteria- Break of $90.07 Exit Target Criteria- 1st Target...
MCRB broken out of a falling wedge formation & now breaking out of its resistance zone. We think it will continue upward from here. * Trade Criteria * Date First Found- June 20, 2017 Pattern/Why- Falling wedge breakout continuation Long Entry Target Criteria- Break of $10.87 Exit Target Criteria- $12.77 Stop Loss Criteria- $9.87 Please check back for...
CVX is another Downward channel breakout Long potential. It has broken out the channel & looking very strong. Moneyflow is very up. We think it has good upside potential. * Trade Criteria * Date First Found- June 19, 2017 Pattern/Why- Downward channel breakout Entry Target Criteria- Break of $108.50 Exit Target Criteria-Momentum, $114 Stop Loss Criteria-...
IMO nicely breaking out downward channel formation. It looking very good as Oil hedge play. * Trade Criteria * Date First Found- June 19, 2017 Pattern/Why- Downward channel breakout Entry Target Criteria- current price Exit Target Criteria- N/A Stop Loss Criteria- $28.67 Please check back for Trade updates. (Note: Trade update is little delayed here.)
TDW looks very interesting, its rolling up to the moving averages at the moment. It is in the shipping industry & a lot of the shipping company started to recover. We think TDW also has good upside potential if it can cross above $1.03 * Trade Criteria * Date First Found- June 19, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of...
AVGR seems forming a fallen angel formation. It had a huge surge in volume recently. As a Speculative long setup it has good upside potential. * Trade Criteria * Date First Found- June 19, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $0.53 Exit Target Criteria- $1.23 Stop Loss Criteria- $0.39 Please check back for Trade...
AFL seems breaking out of a flag formation and closing its all time high. Moneyflow is very strong. We think it has good upside potential. To play this we would consider August $77.50 Calls * Trade Criteria * Date First Found- June 19, 2017 Pattern/Why- Flag formation Momentum Long Entry Target Criteria- August $77.50 Calls @ $2.40 Exit Target Criteria-...
HIVE is in a upward momentum move from quite a while. Moneyflow is going very bullish & it also have insider buying. Over all looks very interesting Long potential. * Trade Criteria * Date First Found- June 19, 2017 Pattern/Why- Upward Momentum trade Entry Target Criteria- Break of $5.22 Exit Target Criteria- 1st Target $5.87; 2nd Target $6.43 Stop Loss...
Waiting for a rally to resistance or preferably, a break down below support.
HUBS broken down from key support and seems like at has a lot of room to move down. We are keeping it in the watch list for tomorrow. * Trade Criteria * Date First Found- June 15, 2017 Pattern/Why- Key support breakdown short Entry Target Criteria- Break of $64.33 Exit Target Criteria- $53.33 Stop Loss Criteria- $66.8 Please check back for Trade updates....
Looking like a decent short. On the watch list waiting for a break.
MDCO just breaking down some long term support. We think it has good downside potential if it breaks below $37.33 * Trade Criteria * Date First Found- June 15, 2017 Pattern/Why- Long term support breakdown short Entry Target Criteria- Break of $37.33 Exit Target Criteria- 1st target $34.33 Stop Loss Criteria- $39.33 Please check back for Trade updates....
Potential Long from support to Gap up resistance to $2.70 * Trade Criteria * Date first found- June 15, 2017 Pattern/Why- Bounce off from resistance Please check back for Trade updates. (Note: Trade update is little delayed here.)
HIVE had a nice rally & possibly getting ready for another breakout. We would be watching intraday for long entry. * Trade Criteria * Date first found- June 15, 2017 Pattern/Why- Breakout trade Entry Target Criteria- Watching intraday tomorrow Please check back for Trade updates. (Note: Trade update is little delayed here.)
MCC looking a very good long setup. It is building some solid base & some reasonable close recently. Moneyflow also going up strongly. We think if it breaks up from here it has good upward potential. * Trade Criteria * Date First Found- June 15, 2017 Pattern/Why- Fallen angel formation. Entry Target Criteria- Break of $6.36 Exit Target Criteria- 1st Target...
GNC had a long downtrend & now seems getting some strength as it breaking through its SMA 100. Moneyflow strongly diverging while it drops & now seems getting to the positive side. * Trade Criteria * Date First Found- June 14, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $8.06 Exit Target Criteria- 1st target $9.31, 2nd target...
REV seems forming a very nice fallen angel formation. It is showing strong upward momentum after a huge fall. EMA lines crossed nicely & moneyflow also came in the positive zone. We think it has good upside potential & i8t can go above $27 * Trade Criteria * Date First Found- June 14, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of...
GFA is forming a possible fallen angel formation. It had a huge decline & now seems getting some upward momentum. We think it has good upside potential if it can break above $7.07 * Trade Criteria * Date First Found- June 13, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $7.07 Exit Target Criteria- $9.63 Stop Loss Criteria- $6.33 &...