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AcornWealthCorp
Dec 27, 2017 3:23 PM

NTAP -Inverse fallen angel formation short from $55.85 to $51.63 Short

NetApp, Inc.NASDAQ

Description

NTAP seems rolling over, forming an inverse fallen angel formation. We think it has good downside potential.

* Trade Criteria *
Date First Found- December 26, 2017
Pattern/Why- inverse fallen angel formation
Entry Target Criteria-Current price ($55.85)
Exit Target Criteria- 1st Target $51.63 2nd Target $47.57
Stop Loss Criteria- $59.37
Indicator Notes- Twiggs money flow divergence
Special Note- Good insider selling

Please check back for Trade updates. (Note: Trade update is little delayed here.)
Comments
cryptoman91
lol
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