AcornWealthCorp

BW - Fallen angel type Momentum Long from $9.56 to $11.53

Long
NYSE:BW   Babcock & Wilcox Enterprises, Inc.
BW forming a nice fallen angel type momentum Long setup. Made a nice rounded bottom, and crossed above sharp reversal area today. We think it has good upside potential if it can break above $9.56

* Trade Criteria *
Date first found- April 10, 2017
Pattern/Why- Fallen angel type Momentum Long
Entry Target Criteria- Break of $9.56
Exit Target Criteria- $11.53
Stop Loss Criteria- $8.83

Please check back for Trade updates. (Note: Trade update is little delayed here.)

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