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AcornWealthCorp
Dec 16, 2016 12:59 PM

SMRT - Fallen angel type of Long from $5.64 to $6.67 Long

Description

SMRT seems forming a fallen angel type for pattern. It crossed above EMA & MA20 lines with very strong volume. Moneyflow just turned to positive. Looking very good as long.

Trade Criteria
Entry Target Criteria- Break of $5.64
Exit Target Criteria- $6.67
Stop Loss Criteria- $5.37

You can check detailed analysis on SMRT in the trading room/ Executive summary link here-
youtube.com/watch?v=YogjcZY6XVM
Time Span- 10:45"

Comment

We would consider $30 Apr-17 Puts
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