RGLS - Fallen angel setup Momentum long from $1, $2.50 Feb Calls

RGLS forming a nice fallen angel formation. IT has significant insider buying. It has few moving average to overcome however it has very good upside potential as it is coming down from huge £20 area. To play this we would consider February 2018 $2.50 Calls, currently $0.08

* Trade Criteria *
Date First Found- August 24, 2017 (Intraday Alert)
Pattern/Why- Fallen angel setup
Entry Target Criteria- Break of $1 (Hti August 24, 2017)
Exit Target Criteria- Momentum
Stop Loss Criteria- $0.88

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