AcornWealthCorp

CTRL - Momentum short setup from $23.46 to $14

Short
NASDAQ:CTRL   None
CTRL is quite bearish. Money flow dropping quite sharply & it has lot of insider selling. We think it has good downside potential.

Date First Found- February 13, 2018
Pattern/Why- Widening range triangle breakdown
Entry Criteria- Break of $23.46 (Hit March 1, 2018)
Exit Criteria- $14
Stop Loss Criteria- $26.23
Indicator Notes-Twiggs money flow divergence, and Money flow down sharp below zero.
Special Note- Lots of insider selling. Could consider $25 July Puts ($3.60/4.60)

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