CRAY formed an interesting chart. Beautiful flag formation coming out of a downward channel. If it can break Resistance label around $22.60, and moving averages supports. It can easily reach $27 label.
* Trade Criteria *
Date First Found- February 14, 2017
Pattern/Why- Flag formation, Downward channel
Entry Target Criteria- Break of $22.63
Exit Target Criteria- $26.83
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- February 14, 2017
Pattern/Why- Flag formation, Downward channel
Entry Target Criteria- Break of $22.63
Exit Target Criteria- $26.83
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Comment:
March 15th - A lower entry could be possible with a break of 20.77, and would consider a Stop signal at 18.83
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