AcornWealthCorp

AcornWealthCorp

Huge insider busying, specially from the owner. Technically it just breaking out of a channel/resistance & seems ready to fly to the next resistance. We think it can go up to 52.56. Break of 41.83 will be a good point to long, On the option side we are looking for Nov 40 & 45 calls, last trading price was $3.5 & $1.32 You can also look for Feb17- 45 call traded...

AcornWealthCorp

RMAX broke down from a rising wedge formation. Money-flow is in strong divergence. As predicted the decline before we took a short position from 42.41. We think it decline to 39 shortly.

AcornWealthCorp

NCLH is trading very close to smart money buy zone, it is also a key resistance level.We are looking for a oscillating long from this level. RSI & CCI is in key level of oscillating level supporting the long entry. Wonderful thing is that it has very good risk & reward ration of 12:1 as our stoploss is only about 0.40 if we can take it around 37.15 You can...

AcornWealthCorp

NVCR broke down from a triangle formation & now forming a bear flag, looks a bear pennant formation in weekly frame the decline came with a bad earning report. Also recent insider selling weighing on the down side. We think it will decline & our targets are 6.13 & 4.13 You can check our detailed analysis on NVCR in the trading room/ Executive summery link...

AcornWealthCorp

SABR seems forming a Flag & pole formation following by a decline with earning release. There was big insider selling back in March. We think it will decline further & our first target is 23.57 You can check our detailed analysis on SABR in the trading room/ Executive summery link here- www.youtube.com Time Span: 8:10" Trade Status: Pending

AcornWealthCorp

AMCN running up forming fallen angel pattern. It is ready to run & our first target is 3.34 which would be a small flag formation continuation. And our second target is 3.63 which will be bump & run formation target. You can check our detailed analysis on _ in the trading room/ Executive summery link here- www.youtube.com Time Span: 7:00" Trade Status: Pending

AcornWealthCorp

MRTX forming a fallen angel pattern, just scooping through the moving averages now. Also great money-flow divergence, seems ready to run upward. We are considering two possible entry, either pull back to 5.37 or break above 5.71 & two target of 6.83 & 9.77 You can check our detailed analysis on MRTX in the trading room/ Executive summery link...

AcornWealthCorp

QLTI had a lot of insider buying in last Dec around $3 & it was consolidating from last few months. It seems just broke of the consolidation & ready to move upward. For ideal long entry we like to see break of 1.47 & our first target is 1.76 You can check our detailed analysis on QLTI in the trading room/ Executive summery link here- www.youtube.com Time Span:...

AcornWealthCorp

LEis forming a bump & run formation, followed by big insider buying in July. also looks like a potential fallen angel pattern. We think it will start moving higher from here. For entry we would prefer if it declines a bit to 15.10 or closer. Our first target is 16.93, just below 23.6% fib level. You can check our detailed analysis on LE in the trading room/...

AcornWealthCorp

LLY forming a potential head & shoulder. Break below 82 will be good to enter in to a short trade. There are weakness in weekly frame as well.

AcornWealthCorp

AXTA in our watch list for short. Huge insider selling & overall technical weakness makes it perfect for short. We think it can decline as low as 21 & break of 28 will be good entry point. However we like to watch it few more days before we get in. "You can check our detailed analysis on AXTA in the trading room/ Executive summery link...

AcornWealthCorp

FN seems braking down from longer term upward channel. Money-flow is diverging & just broke down to negative area. We like to take the trade at current price & for trade we are looking for Oct16- 35 put, which are currently trading for $2.03 You can check our detailed analysis on FN in the trading room/ Executive summery link here- www.youtube.com Time Span:...

AcornWealthCorp

ATVI running within a upward channel. We think it will break down as there are Significant insider selling & negative money-flow divergence. Break of 39.23 will be short entry confirmation. For Trade we are looking for Feb17- 34 put which are currently $1.35 Our target is 61,8% fib level at 32.85 You can check our detailed analysis on ATVI in the trading room/...

AcornWealthCorp

TGT is breaking down upward channel. We think it will retest is support around 66. For the trade we are looking for Oct 70 put

AcornWealthCorp

LYB is declining within triangle & we think it will break down & may decline to 30 area. Break of 70 will be trade confirmation. For the trade we are looking for Dec 70 or 65 put. You can check our detailed analysis on LYB in the trading room/ Executive summery link here- www.youtube.com Time Span: 5:30" Trade Status: Pending

AcornWealthCorp

TGI forming a bear flag formation. It declined with lower then forecast earning release. Crossing below 28.46 will be break down & trade confirmation. Our target is 23.63 You can check our detailed analysis on TGI in the trading room/ Executive summery link here- www.youtube.com Time Span: 4:10" Trade Status: Pending

AcornWealthCorp

TGI forming a bear flag & pole formation. It declined with lower then forecast earning release. Crossing below 28.46 will be break down & trade confirmation. Our target is 23.63 You can check our detailed analysis on TGI in the trading room/ Executive summery link here- www.youtube.com Time Span: 4:10" Trade Status: Pending

AcornWealthCorp

TGNA broke down long term support line, and getting technically weaker. We think it will fall in longer term. It is trading in the entry zone & we think it may decline as low as 12.13 You can check our detailed analysis on TGNA in the trading room/ Executive summery link here- www.tradingview.com Time Span: 3:30" Trade Status: Entry Criteria met Aug 3rd