* Trade Criteria * Date First Found- May 16 , 2017 (Intraday) Pattern/Why- Downward channel breakout Entry Target Criteria- Break of $7.07 (hit May 16, 2017) Exit Target Criteria- $7.47 and higher Stop Loss Criteria- $6.83 Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria * Date First Found- May 16, 2017 (Intraday) Pattern/Why- Triple bottom support breakdown short. Entry Target Criteria- Break of $10.43 (Hit May 16, 2017) Exit Target Criteria- $9.53 Stop Loss Criteria- $10.87 Please check back for Trade updates. (Note: Trade update is little delayed here.)
CRI broken down from an upward channel & seems it has good down side potential. We are looking for a short here. * Trade Criteria * Date First Found- May 16, 2017 (Intraday) Pattern/Why- Upward channel breakdown, capturing the crash Entry Target Criteria- Break of $86.97 (Hit May 16, 2017) Exit Target Criteria- 1st Target $83.97, 2nd Target $78.77 Stop Loss...
CYBR seems broken down from a pennant formation. Moneyflow just plummeted to the negative side. We think it will continue down & reach Pennant formation target. * Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Pennant breakdown Entry Target Criteria- Break of $47.23 Exit Target Criteria- $38.63 Stop Loss Criteria- $50.43 Please check back...
CHTR is a possible momentum play. It had a good run & now seems topping out with huge moneyflow divergence. We think it has good downside potential. On the option side we would consider $325 Puts * Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Momentum Trade Entry Target Criteria- Break of $316.93 Exit Target Criteria- Target $285.13 Stop Loss...
H seems forming a head & shoulder formation. Moneyflow is getting down to the negative. We are looking for a speculative short if it shows weakness after reaching to $59 area. On the option we would look for $50 November-17 Puts, currently $1.35 * Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Head & shoulder formation Entry Target...
CALA was big performer, as we had a massive ride from $4 to $10 early this year. Now it seems flagging again. If it can break its resistance, it has potential to go higher. * Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $14.53 Exit Target Criteria- $16.18 Stop Loss Criteria- $13.43 Please...
ECYT was discussed in trading room last Thursday as Flag play & it played out beautifully. It seems flagging again, and showing strong upward momentum breaking out long term resistance. We think it has potential to go as high as $4.13 * Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Flag formation (Possible Momentum Trade) Entry Target Criteria-...
TWTR looks like making another advance. Moneyflow is very strong. We think it has good upside potential. For entry we would look for a slight pull back or break of recent high. * Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $19.35 or Pull back around $18.87 Exit Target Criteria- 1st Target...
KOPN broken down from upward channel & seems going down sharp. We think it will decline further. * Trade Criteria * Date first found- May 11, 2017 Pattern/Why- Upward channel breakdown short Entry Target Criteria- Break of $3.48 Exit Target Criteria- $3.66 & lower Stop Loss Criteria- $3.66 Please check back for Trade updates. (Note: Trade update is...
WDAY seems breaking down forming a double top. It is rolling over nicely, and moneyflow also turning negative. We think it will be a good hedge for all the Longs we have. * Trade Criteria * Date First Found- May 11, 2017 Pattern/Why- Double top breakdown, Hedge position Entry Target Criteria- Break of $88.43 Exit Target Criteria- 1st Target $88.43, 2nd...
MOBL seems braking out of a symmetrical triangle & showing strong upward momentum. However need to be caution as it has some insider selling * Trade Criteria * Date First Found- May 11, 2017 Pattern/Why- Symmetrical triangle break momentum Long Entry Target Criteria- Break of daily high ($5.40) Exit Target Criteria- Momentum Stop Loss Criteria- N/A Indicator...
ABEV had a good upward run breaking recent resistance. We think it will continue its upward run from here. ABEV Date First Found- May 11, 2017 Pattern/Why- Flag formation Entry Target Criteria- Pull back to $6.10 Exit Target Criteria- Momentum Stop Loss Criteria- $5.87 Please check back for Trade updates. (Note: Trade update is little delayed here.)
CSII had a nice big push with huge volume & forming a possible short term flag formation. We think it has good upside potential if it can break flag resistance. * Trade Criteria * Date First Found- May 11, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $32.33 Exit Target Criteria- $34.46 Stop Loss Criteria- $31.33 Please check back for...
KTOS seems forming a flag formation. It also broke above long term resistance & holding above quite nicely. We would take flag break to reach first target & 2nd target would be momentum. * Trade Criteria * Date First Found- May 11, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $9.52 Exit Target Criteria- $10.43 Stop Loss Criteria- $9.07...
INPX seems forming a flag formation. It had a big rally with huge volume suddenly from no volume earlier. We are keeping an eye for flag formation. Please check back for Trade updates. (Note: Trade update is little delayed here.)
MASI forming a possible bear flag formation. It declined with huge volume. There was strong moneyflow divergence & it dropped sharp. We think MASI is a good short setup. * Trade Criteria * Date First Found- May 8, 2017 Pattern/Why- Possible bear flag formation Entry Target Criteria- Break of $85.33 Exit Target Criteria- $77.23 Stop Loss Criteria- $90.23...
FEYE is also coming out from long term consolidation, and seems forming a fallen angel type of formation. We would consider for momentum Long trade here. * Trade Criteria * Date first found- May 4, 2017 Pattern/Why- Fallen angel, momentum Long Entry Target Criteria- Break of $14.63 Exit Target Criteria- $15.93 Stop Loss Criteria- $13.62 Please check back...