TGT is a possible High risk setup with high potential reward. It has broken down a long term upward channel & Channel breakdown target is around $45-46. And on the daily chart it has a downward trend, which targets around $44. To play this we are considering $45 July-17 Puts, Currently around $0.45 * Trade Criteria * Date first found- March 14,...
FNSR seems breaking down from a double top. We can see nice Adam & Eve top formation. As it breaks the support label it can decline all the way down to $20 area. * Trade Criteria * Date first found- March 13, 2017 Pattern/Why- Double top short Entry Target Criteria- Break of $26.38 Exit Target Criteria- $20.13 Stop Loss Criteria- $28.13 Please check back...
IGT seems forming a bearish flag formation. A break of $23 will be flag pattern breakdown confirmation. And we think it can go down to $20 area at the breakdown. * Trade Criteria * Date first found- March 13, 2017 Pattern/Why- Bear Flag formation Entry Target Criteria- Break of $23 Exit Target Criteria- $20.13 Stop Loss Criteria- $24.13 Please check...
RSXJ is rolling over after a huge upward move. It has broken down very longterm upward trend & recent support label. It also has Negative moneyflow divergence. We think it will decline further. For ideal entry we would like it to re-test broken support. * Trade Criteria * Date first found- March 9, 2017 Pattern/Why- Trend/support breakdown Entry Target...
AMD crossed below EMA lines after a good upward run. It has moneyflow divergence. Now it seems testing its overhead resistance from beneath, and we think it will fail to cross above & decline from here. * Trade Criteria * Date first found- March 8, 2017 Pattern/Why-Upward channel breakdown Entry Target Criteria- Break of $12.96 Exit Target Criteria-...
CMCM is forming a possible flag formation on the Hourly frame. At the break of this setup it can go at least to $14 are reflecting the top breakout. But if the breakout occurs as a longer term flag setup, it can go as high as $15 to $15.13 * Trade Criteria * Date first found- March 14, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of...
EDIT had a lovely flag setup. It continued further up and started to consolidating within a downward channel. Now it seems broken out the channel formation. We think it has good upside potential from here. * Trade Criteria * Date first found- March 13 Pattern/Why- Flag formation; Downward channel breakout Entry Target Criteria- Break of $25.21 Exit Target...
CYH seems a very good long setup. It had a wonderful rally since we first found it around $5. Now it seems bouncing above the moving averages & getting ready for the second phase of run. * Trade Criteria * Date First Found- February 28, 2017 Pattern/Why- Fallen angel; Momentum Long Entry Target Criteria- break above $9.83 Exit Target Criteria- 1st Target...
MYGN is another nice Flag formation with beautiful moneyflow accumulation. Anything close to $18 would be a good entry point or break of current label * Trade Criteria * Date First Found- February 19, 2017 Pattern/Why- Flag formation Entry Target Criteria- Near $18 or Break of $18.67 Exit Target Criteria- Momentum Stop Loss Criteria- $16.83 Please check...
FBC forming a flag formation & seems ready to break upward. It rallied up, broke the over head resistance and formed a flag formation. Now its ready to breakout. * Trade Criteria * Date First Found- February 16, 2017 Pattern/Why- Flag formation Entry Target Criteria- Current price ($28.54) Exit Target Criteria- $31.77 Stop Loss Criteria- $27.47 Please check...
CRAY formed an interesting chart. Beautiful flag formation coming out of a downward channel. If it can break Resistance label around $22.60, and moving averages supports. It can easily reach $27 label. * Trade Criteria * Date First Found- February 14, 2017 Pattern/Why- Flag formation, Downward channel Entry Target Criteria- Break of $22.63 Exit Target...
WKHS seems forming a nice fallen angel pattern. It crossed above EMA lines & MA20. It has good upside potential, and we think it can go to $5 area easily. * Trade Criteria * Date first found- February 16, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $3.33 Exit Target Criteria- $5 Stop Loss Criteria- N/A Please check back for Trade...
PGRE broken down from a upward channel. We been watching it from last week, and seems now its ready for a short trade. * Trade Criteria * Date first found- March 13 Pattern/Why- upward channel breakdown Entry Target Criteria- Break of $16.20 Exit Target Criteria- $15.20 Stop Loss Criteria- $16.63 Please check back for Trade updates. (Note: Trade update is...
IMMU is also from Flag scan. It had a nice rally up, and closing at the top half of the range. We think it has more upside potential. * Trade Criteria * Date first found- March 13, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $6.47 Exit Target Criteria- $7.23 Stop Loss Criteria- $6.07 Please check back for Trade updates. (Note: Trade...
NVDA came up in our smart money course. It had a really long run, and now seems forming a Head & shoulder. Also seems forming a double top. We think it has very good down side potential & it can drop to $90 shortly. * Trade Criteria * Date First Found- February 13, 2017 Pattern/Why- Head & shoulder; Double top Entry Target Criteria- Break of $108.07 Exit...
NVAX looks really good breakout opportunity. Its just tethering 50 day moving average, a break above will be Long Entry confirmation., and we think it will easily hit 2.40 area. Trade Criteria Entry Target Criteria- break above $1.55 Exit Target Criteria- $2.37 Stop Loss Criteria- $1.29 You can check our detailed analysis on NVAX in the trading room/ Executive...
AEHR is a beautiful flag formation. Huge breakout & it has good upside potential. A break of $9.74 can insure the upward flag break. * Trade Criteria * Date first found- February 14, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $3.80 Exit Target Criteria- $4.37 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade...
AMZN forming a potential head & shoulder. We would like to take the advantage from the top when it is forming the second shoulder, and a break of $844.33 will be a good entry point. For trade we would consider $850 Apr/May-17 Puts, last traded for $23.75 & $38.02 respectively. * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Potential head...