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AcornWealthCorp
Jun 8, 2017 7:00 AM

GIII- Flag formation continuation Long from $25.83 to $35.87 Long

G-III Apparel Group, LTD.NASDAQ

Description

GIII seems forming a flag formation. Moneyflow crossed to the positive side.
Interesting insider info- CEO as been a long time seller of his stock but has recently bought a bunch which is the first purchase since 2011. We think it will continue its flag formation & can go up to $36 area.


* Trade Criteria *
Date First Found- June 7, 2017
Pattern/Why- Flag formation continuation.
Entry Target Criteria- Break of $25.83
Exit Target Criteria- $35.87
Stop Loss Criteria- $21.77

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