MRCY was found in breakout scan which is involved Defense and intelligence programs in the US. It Broke out of Major long term resistance with huge volume. We think if it can break $33.47 it can reach to $40 area shortly. * Trade Criteria * Date first found- January 25, 2017 Pattern/Why- Broke out of Major long term resistance Entry Target Criteria- Break of...
PER seems breaking out its long term down trend followed by consolidation. It had a big break with huge volume. And in long term it showing upward momentum. We think it has huge potential to go above $5 * Trade Criteria * Date first found- Pattern/Why- Entry Target Criteria- Break of $ Exit Target Criteria- $ Stop Loss Criteria- $ (Note: Trade update is...
PPP looks quite solid in technical & fundamental, and it had a big run in last 2 day. Now we are looking for a long if it pools back to EMA. * Trade Criteria * Date first found-February 7, 2017 Pattern/Why- Bump & run formation Entry Target Criteria- Pull back to EMA 9 ($0.85) Exit Target Criteria- $1.27 & higher Stop Loss Criteria- $0.74 (Note: Trade...
CNAT started to move today. We picked it earlier as flag formation, but did not workout as flag, but it seems ready now. Moving averages giving it support & Moneyflow also holding strong. Seems very good long potential. * Trade Criteria * Date first found- February 9, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $5.14 Exit Target...
SLCA is running in a long upward channel. However it seems getting weak & it has strong moneyflow divergence. Trade Criteria Entry Target Criteria- Speculative entry at current price or Break of $49.93 Exit Target Criteria- $31 Stop Loss Criteria- N/A You can check detailed analysis on SLCA in the trading room/ Executive summary link...
HOG was our presidential pick. It declined nicely from our entry of $62.13 and now in profit taking zone. Now we are looking for a second opportunity here if it break below the upward channel. And we think it can go all the way down to $40 area. To play this we would consider $55 May-17 puts, currently trading for $2.90/3.10 * Trade Criteria * Date first...
SLF seems breaking down from a rising wedge formation. Good moneyflow divergence. We think it will decline from current label & it can easily decline to $36 area. * Trade Criteria * Date first found- February 2, 2017 Pattern/Why- Rising wedge breakdown Entry Target Criteria- from current label or retest to resistance around $39. Exit Target Criteria-...
- Here’s another Quick Trade from Our Trading Room Executive summaries - 3rd Jun in Executive summaries we discussed about CRK & we bought CRK at 0.76. It has huge potential & can be a Long-term fundamental hold as this company is coming down from $30. Also MA lines are supporting for Momentum Long. With our surprise in next 2 days the Stock moved to 1.03,...
TBIO had a wonderful move & now consolidating within a Pennant formation. If it can breakout $1.90 it can easily hit $140 & higher. * Trade Criteria * Date first found- February 9, 2017 Pattern/Why- Breakout trade, Pennant formation. Entry Target Criteria- Break of $0.90 Exit Target Criteria- First target $1.20, Second target $1.40 Stop Loss Criteria- N/A...
LKQ seems forming a Head & shoulder formation, but its yet to break below its neck line. If it can break below $30, it will be a good shorting opportunity. *Trade Criteria* Date first found- February 9, 2017 Pattern/Why- Possible Head & shoulder formation Entry Target Criteria- Break of $30 Target & Stoploss - TBA (Note: Trade update is delayed here.)
AGRX had a huge decline from $8 down to $2, and now seems forming fallen angel type of upward momentum. It has huge upside potential, and we think it can easily hit $3 area & go up further. * Trade Criteria * Date first found-February 7, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $2.42 Exit Target Criteria- $2.97 Stop Loss...
DPLO seems ready for a upward ride. Crossed above MA50 & tested Breakdown resistance. Money flow accumulated & crossed above positive line. Overall looks very good as long. Speculatively we can take a entry now or wait for a break of resistance at $16.13 * Trade Criteria * Date first found- February 3, 2017 Pattern/Why- Breakout trade Entry Target Criteria-...
MVIS is running within a downward channel in longer frame. In short term it is forming a flag formation. It has good insider buying & also Moneyflow starting to break through zero label. * Trade Criteria * Date first found- February 7, 2017 Pattern/Why-Flag formation, downward channel breakout Entry Target Criteria- Break of $1.90 Exit Target Criteria-...
DPLO seems ready for a upward ride. Crossed above MA50 & tested Breakdown resistance. Money flow accumulated & crossed above positive line. Overall looks very good as long. Speculatively we can take a entry now or waif for a break of resistance around $16.20 (Note: Trade update is delayed here.)
NVLS is in our watch list from a while as a fallen angel type of Long, and this time it seems ready to burst out one way or other. It has huge upside potential if it can cross above MA50. (Note: Trade update is delayed here.)
ITG seems a possible Flag formation. It also broken out a descending triangle. Moneyflow was diverging & now well in the positive zone. We think at the Formation of the Flag it can go up to 24 area. You can check our detailed analysis on ITG in the trading room/ Executive summary link here- www.youtube.com Time Span: 7:10" Trade Status: Pending
GOLD (XAUUSD) seems reversing from its long term strong support of EMA 161, which is considered very crucial for gold. Interestingly the same reverse point is 68% Feb-retracement point of the December low of last year. So we think gold will have a short term upward move, and to play this short pop potential we took NUGT $10 January-17 Calls last traded for...
PAG - seems getting ready for a second phase of upward run. Moneyflow is getting stronger. We would like to take a position it it breaks all time high or pull back to support. Trade Details :- Entry Target Criteria- break of $54.41, or pull back to 50.60 - 51.30, Exit Target Criteria- Momentum Stop Loss Criteria- TDA You can check our detailed analysis on...