AcornWealthCorp

SMFG - Bump & run formation long from $7.83 to $8.43

Long
NYSE:SMFG   Sumitomo Mitsui Financial Group Inc Unsponsored
SMFG is forming a nice bump & run formation. It has very nice upward run as a fallen angel on huge volume & now seems breaking out. Moneyflow very strong. We think it has very good upside potential.

* Trade Criteria *
Date First Found- June 12, 2017
Pattern/Why- Bump & run formation
Entry Target Criteria- Break of $7.83
Exit Target Criteria- $8.43
Stop Loss Criteria- $7.43

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