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