WKHS is forming a flag in hourly frame chart, and looking very good as long. Moneyflow shoot up from negative to positive. We think it has good long term upside potential. * Trade Criteria * Date first found- May 4, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $3.12 Exit Target Criteria- $3.37, and $5.17 Stop Loss Criteria- N/A Please...
PTX was declining from quite long time, as it is coming down from $130. It just started to scope up, seems forming a flag formation. Moneyflow is going up sharp. We think it has very high upside potential, so we would like to consider a momentum position. * Trade Criteria * Date first found- May 4, 2017 Pattern/Why- Flag formation momentum play Entry Target...
IDTI is in our watchlist for quite a while. It has very high price to chase-flow ratio. It also has good insider selling. It seems rolling down & it can be a good short if it breaks down. * Trade Criteria * Date First Found- May 4, 2017 Pattern/Why- Breakdown short; High Price to Cashflow, Insider selling Entry Target Criteria- Break of $22.73 Exit Target...
PAGP is looking a very good Momentum short setup. It seems broken down from a falling wedge formation. Moneyflow also had a strong decline to the negative side. We think it will be a good momentum short trade up to as low as $15. * Trade Criteria * Date First Found- May 4, 2017 Pattern/Why- Wedge breakdown momentum short. Entry Target Criteria- Break of...
LLNW came in to our flag scanning. It is going up with huge upward momentum & we think it is a good potential long setup. * Trade Criteria * Date First Found- May 1st, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $3.41 Exit Target Criteria- $3.87 Stop Loss Criteria- $3.23 Please check back for Trade updates. (Note: Trade update is little...
FOMX had huge decline & now it is forming up a nice fallen angel bottom. If it can break above its SMA20 it can fill the gap up to $5.33 easily. * Trade Criteria * Date First Found- May 1st, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Break of $4.47 Exit Target Criteria- $5.33 Stop Loss Criteria- $4.07 Please check back for Trade updates. (Note:...
ECH seems building some momentum to the down side. It is a basically short on CHILE. we are watching it for potential shorting opportunity at the break of 50SMA ($42.77) Please check back for Trade updates. (Note: Trade update is little delayed here.)
CHD seems breaking down from an upward channel. It crossed down the lower channel line & seems it will go down further. We are looking for a quick short opportunity here. * Trade Criteria * Date First Found- May 1st, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $49.32 Exit Target Criteria- $48.25 Stop Loss Criteria- N/A...
SRNE seems forming a fallen angel formation. It may not be ready for a long term up trend but certainly ready for a short term push. It also has big insider buying on the 19th April. However We would look for a smaller play as stoploss is quite big here. * Trade Criteria * Date First Found- April 26, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Break...
HDSN also forming a flag formation. Looking very good. We are keeping it in watchlist for potential intraday Long entry opportunity. Please check back for Trade updates. (Note: Trade update is little delayed here.)
SONS seems forming a flag formation. It had a huge gain today breaking through the moving averages with huge volume. We are keeping this in our watchlist for those who want to look for intraday aggressive entry opportunity Please check back for Trade updates. (Note: Trade update is little delayed here.)
CDTI seems breaking out of a Flag formation. It is picking up some volume recently. It also had good Insider buying in December. We think it will be a good long if it can break above $3.63 * Trade Criteria * Date First Found- April 26, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $3.63 Exit Target Criteria- $4.23 Stop Loss Criteria- $3.27...
SRNE seems forming a fallen angel formation. It may not be ready for a long term up trend but certainly ready for a short term push. It also has big insider buying on the 19th April. However We would look for a smaller play as stoploss is quite big here. * Trade Criteria * Date First Found- April 26, 2017 Pattern/Why- Fallen angel Entry Target Criteria-...
RECN looks a very good Long setup. After a huge decline, recently it is showing strong upward momentum. However for a good entry we would like it to pull back a bit. * Trade Criteria * Date First Found- April 24, 2017 Pattern/Why- Upward Momentum Trade Entry Target Criteria- Break of $14.25 Exit Target Criteria- $15.75 Stop Loss Criteria- $13.67 Please check...
FPRX is forming a nice fallen angel pattern. It had a huge decline, and now getting some upward momentum. For entry we are looking for a break above its SMA50. * Trade Criteria * Date First Found- April 24, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Break of $34.31 Exit Target Criteria- $39.23 Stop Loss Criteria- $31.73 Please check back for...
CAMP seems forming a possible flag formation. For breakout confirmation it need to break high of today ($18), and as flag continuation it can go around $19.80 * Trade Criteria * Date First Found- April 24, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $18.13 Exit Target Criteria- $19.77 Stop Loss Criteria- $17.43 Please check back for...
HOG was running within an upward channel formation, which broken just recently. We think with the falling oil price it will decline further. According to Upward channel breakdown we got target or $45.33. To play this we would consider $55 Aug-17 puts * Trade Criteria * Date first found- April 20, 2017 Pattern/Why- Upward channel breakdown, Falling Oil price ...
APA Seems broken down from an upward channel, retested the channel support line & now falling down sharp. With the falling Oil price we think it can decline as low as $34 area * Trade Criteria * Date first found- April 20, 2017 Pattern/Why- Upward channel breakdown, Declining Oil price, Entry Target Criteria- Break of $48.87 Exit Target Criteria- 1st...