MGNX running within a downward channel & now seems reversing from the down channel line. It also seems forming a head & shoulder & now turning upward to form the second shoulder. Both way it looks bullish now. We think it will be a good long from preset price to 24 area. You can check detailed analysis on MGNX in the trading room/ Executive summary link...
We discussed it in the beginning of December in the Xmas wishlist class, and discussed aggressive entry was $92 area & $90 March Puts, the puts should be in nicely in-the money by now. we still like the $90 March Puts (currently $7.20), however updating stoploss to $92.13 to give a little bit of room & target is $72. You can check detailed analysis on LYB in...
We are looking for a new trade setup in MELI. Please check below. Trade Criteria Entry Target Criteria- Break of $149.73 Exit Target Criteria- $91.13 Stop Loss Criteria- $161.63 You can check detailed analysis on MELI in the trading room/ Executive summary link here- www.youtube.com Time Span- 8:10" Trade Status: Pending
EXPE was a Presidential picks & Xmas wish-list, nicely it hits its First target of $113 form $122.87 & now we are looking for a second zone trade opportunity. It is running within a big upward channel formation & we are looking for a break of upward channel. Trade Criteria Entry Target Criteria- Break of $83.13 Exit Target Criteria- $111.13 Stop Loss...
Watching for long, if it breaks resistance at 5.25, we would look for a long. You can check detailed analysis on ABEO in the trading room/ Executive summary link here- www.screencast.com Time Span- 31:30" Trade Status: Pending
FDC forming a upward channel. We think it will be a good short if it breaks below the channel. Keeping in watch list for now. Trade Criteria Watch for short trade opportunity. You can check detailed analysis on FDC in the trading room/ Executive summary link here- www.youtube.com Time Span- 16:00" Trade Status: Pending
CBT is forming a huge rising wedge. Moneyflow is also running within a triangle formation. We would consider a short position if it breaks below & keeping it in watch list for now. You can check detailed analysis on CBT in the trading room/ Executive summary link here- www.youtube.com Time Span- 12:40" Trade Status: Pending
EDU broken down from a long term upward channel.Retested it & seems rolling over. We think it will be good short from here. Trade Criteria Entry Target Criteria- Break of $41.57 Exit Target Criteria- $37.33 Stop Loss Criteria- $43.13 Option: $40 Apr-17 Puts You can check detailed analysis on EDU in the trading room/ Executive summary link...
MOMO rolling over very nicely with very good divergence moneyflow. Its very volatile & seems to have the power of moving average behind it. Looking a very good short setup Trade Criteria Entry Target Criteria- Break of $16.87 Exit Target Criteria- $13.63 or lower Stop Loss Criteria- $18.37 Option: $17.50 Apr puts @ $2.6 You can check detailed analysis on...
FLT broke down from a rising wedge, consolidated in pennant formation and now seems breaking down from the pennant. It is showing strong downward momentum as it crossed down all the moving average & down volume increased huge. Overall it looks a decent short with good risk-reward ratio. Trade Criteria Entry Target Criteria- Break of $140.71 or rally to 146...
SMRT seems forming a fallen angel type for pattern. It crossed above EMA & MA20 lines with very strong volume. Moneyflow just turned to positive. Looking very good as long. Trade Criteria Entry Target Criteria- Break of $5.64 Exit Target Criteria- $6.67 Stop Loss Criteria- $5.37 You can check detailed analysis on SMRT in the trading room/ Executive summary...
SMRT seems forming a fallen angel type for pattern. It crossed above EMA & MA20 lines with very strong volume. Moneyflow just turned to positive. Looking very good as long. Trade Criteria Entry Target Criteria- Break of $5.64 Exit Target Criteria- $6.67 Stop Loss Criteria- $5.37 You can check detailed analysis on SMRT in the trading room/ Executive summary...
PFPT seems broken down a long term upward channel, in short term it looks like a flag formation that is broken down recently. It looks very good as long. Trade Criteria Entry Target Criteria- Break of $74 Exit Target Criteria- Target 1- $62.30 , Target 2- $58 Stop Loss Criteria- N/A You can check detailed analysis on PFPT in the trading room/ Executive...
PENN also running within a downward channel. Recently It is showing strong upward momentum, seems it is just breaking out. Moneyflow is also very good in positive side. Trade Criteria Entry Target Criteria- break of $14.29 Exit Target Criteria- First Target- $16.27; Second target- Momentum Stop Loss Criteria- $13.47 You can check our detailed analysis on...
SSW seems forming a fallen angel pattern. It looks strong as it crossed above EMA lines & 20 day moving average. We think it will easily hit 10.3 area. Trade Criteria Entry Target Criteria- Break of $9.34 Exit Target Criteria- $10.33 Stop Loss Criteria- $8.83 You can check our detailed analysis on SSW in the trading room/Executive summary link...
SCOR Seems breaking up a downward channel. It has good divergence moneyflow. It has very good upward momentum & if it can break above $30.77 it will have a good upward run. Trade Criteria Entry Target Criteria- Break of $30.77 Exit Target Criteria- Target 1- $33, Target 2- Momentum. Stop Loss Criteria- $29.43 You can check our detailed analysis on SCOR in the...
FDP seems forming a inverted flag formation. It broke down major support & moneyflow is very deep down. It had some insider selling as well. Overall it seems a good shorting opportunity. Trade criteria Open - Break of $56.13 Target - $50, 34 Stoploss- $57.53 Note: - $55 Mar-17 Puts @ $1.70 You can check our detailed analysis on FDP in the trading room/...
TFX broke-down long tern trend in weekly frame, retested it from beneath & now falling down. In the daily frame it is forming a bear flag formation & related upward channel. Both pattern suggestion a decline & we are looking for a short if it breaks below $145.93 & our first target is $132.13 You can check our detailed analysis on TFX in the trading room/...