2waytrading

Bullish Pennant Pattern

Long
NASDAQ:AERI   Aerie Pharmaceuticals, Inc
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Becareful with low volume stocks and specially companies that expect FDA approval for any products that are in trial process. This stock formed a bullish pattern that in a rare cases is reliable as well as the bullish harami that was confirmed for Friday's price action. If you decide to take a long position use a tight stop loss at recent swing low at and around 28.28 area with target price $36 and above. If you want a real time alerts try us http://www.2waytrading.com