XENE - fallen angel pattern Long from $2.91 to $3.43

NASDAQ:XENE   Xenon Pharmaceuticals Inc
XENE seems breaking out of its downward channel formation. Twiggs money flow crossing to the positive side, and it has insider buying.
We think it has good upside potential.

* Trade Criteria *
Date First Found- December 26, 2017
Pattern/Why- downward channel breakout, fallen angel pattern.
Entry Target Criteria- Current price ($2.91), Ideally look for a pullback
Exit Target Criteria- 1st Target $3.43, 2nd Target $4.43
Stop Loss Criteria- N/A
Indicator Notes- Very strong Twiggs money flow index.
Special Note- Some insider buying

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