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AcornWealthCorp
Jun 19, 2017 8:06 PM

TDW - Fallen angel pattern long from $1.03 to $1.63 Long

Tidewater Inc.NYSE

Description

TDW looks very interesting, its rolling up to the moving averages at the moment. It is in the shipping industry & a lot of the shipping company started to recover. We think TDW also has good upside potential if it can cross above $1.03

* Trade Criteria *
Date First Found- June 19, 2017
Pattern/Why- Fallen angel formation
Entry Target Criteria- Break of $1.03
Exit Target Criteria- $1.63
Stop Loss Criteria- $0.78

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