CLMT is a company operating in the oil & gas industry. They got an upgrade from Goldman Sachs today. Nice break above all recent highs and out of a HTF. Let's see if it sticks...
CLMT seems forming very good fallen angel formation. After a huge downward move not its scooping up & had some upward move. It has strong insider buying, We think it can go higher forming a flag formation here. * Trade Criteria * Date First Found- August 16, 2017 Pattern/Why- Fallen angel Entry Target Criteria- consider pullback to 5.80-5.87 area or...
- Let me share One of Many Good Trade from Our Trading Room - We bought CLMT Jul16, 4 call in 5/27/16, as there was fair bit of Inside buying along with its chance to adjust to Gap-down Resistance around 5.27. This was also a measure of hedging again our Short Position. While the Shorts did not move much but we got 315% return in Option in only 11 days as CLMT...