EVRI seems to be flagging. We would not buy it now, we would watch its intraday activity tomorrow. We would like to see a break of over head resistance for the entry. * Trade Criteria * Date first found- April 11, 2017 Pattern/Why- Flag formation Entry Target Criteria- Watching for breakout of over head resistance, possible entry at Break of $6 Exit Target...
BW forming a nice fallen angel type momentum Long setup. Made a nice rounded bottom, and crossed above sharp reversal area today. We think it has good upside potential if it can break above $9.56 * Trade Criteria * Date first found- April 10, 2017 Pattern/Why- Fallen angel type Momentum Long Entry Target Criteria- Break of $9.56 Exit Target Criteria-...
NYMX seems forming a nice flag formation. We discussed an intraday long opportunity on Thursday trading-room. Now we are keeping it in our watch list for potential long if it breaks above $4.50 * Trade Criteria * Date first found- April 10, 2017 Pattern/Why- Potential Flag formation Entry Target Criteria- Break of $4.50 Exit Target Criteria- N/A Stop Loss...
SIX is forming upward neckline H&S formation. Still like this a lot as short, and we think it can decline all the way down to $42 For a entry we are looking for a break of $56.57 & we would consider $55 Puts, last traded for $1.85 * Trade Criteria * Date first found- March 23, 2017 Pattern/Why- H&S formation in weekly frame Entry Target Criteria- Break of...
IMPV is breaking out of an upward channel, It has big insider selling & its Price/Free Cash Flow Ratio is really high(239.95). We think it will decline from here, however break of $39.19 would be the big fall confirmation that would validate the H&S formation its forming on longer term. * Trade Criteria * Date first found- March 20, 2017 Pattern/Why- Upward...
PTC was in our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & heading sharply to the negative side. We think it can decline as low as $44 * Trade Criteria * Date First Found- March 23, 2017 (Sent through our intraday text alert) Pattern/Why- complex head and shoulders Entry...
TLYS seems getting ready to breakdown its strong support label. It has broken below all the moving averages & if it breaks below $8.68 support label it will be on a free fall zone. * Trade Criteria * Date first found- March 16, 2017 Pattern/Why- Support breakdown short Entry Target Criteria- Break of $8.68 Exit Target Criteria- $7.23 & lower Stop Loss...
ALQA had a long decline & now all of the moving averages clustering over it. It had large amount of insider buying recently. It has very good upside potential if it breaks above the moving averages. * Trade Criteria * Date first found-March 20, 2017 Pattern/Why- Breakout momentum Long Entry Target Criteria- Watch for breakout, possible entry at the break of...
CRM is forming a possible Adam & Eve double top formation. Moneyflow is diverging & now sharply heading down. It also has a lot of insider selling recently. We think it has very good decline potential. On the option side we would consider June $85.00 Puts, last traded for $5.00 * Trade Criteria * Date first found- March 20, 2017 Pattern/Why- Adam & Eve...
FNGN seems forming a long term double top formation. It has previous history of sharp drop & we think it is getting ready for another decline this time. For perfect entry we would look for a pullback or confirmation break. * Trade Criteria * Date first found- Pattern/Why- Entry Target Criteria- Break of $39.43 or rally back to $40.80 Exit Target Criteria-...
BERY seems forming a head & shoulder formation. A break of $48 will be the breakout confirmation. We think it can decline down to $43 area. * Trade Criteria * Date first found- March 21, 2017 Pattern/Why- Possible head & shoulder formation Entry Target Criteria- $48 Exit Target Criteria- Target 1 45.13 Target 2 42.88 Stop Loss Criteria- $51.03 Please...
YRCW is breaking down some key support. It seems it will decline further. For a perfect entry for short we would like to it pull back to $10.90 or break below $10.63
HQY made a nice little Head & shoulder pattern here. Now it seems breaking off the right shoulder. We think it will decline from here. The decline also supported by the Big insider selling in the multiple millions, multiple execs. Please check back for Trade updates. (Note: Trade update is little delayed here.)
CLX is testing a resistance label from where it previously had a sharp decline. It also seems forming Adam & Eve double top formation. It also has Over 10 million reported insider selling. Overall it is an interesting short setup & we think it can decline down to 113 area. Please check back for Trade updates. (Note: Trade update is little delayed here.)
PTC was our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & head sharply to the negative side. We think it can decline as low as $44 * Trade Criteria * Date First Found- March 23, 2017 (Sent through our intraday text alert) Pattern/Why- complex head and shoulders Entry Target...
PFPT broken down from an upward channel, but cold not decline much. Went up, retested the upward trend line, started to roll down & now we have the sharp breakdown. On the weekly frame it is forming a H&S formation, and also a larger time Upward channel. Overall it is an interesting short & we are looking for some longer term short trade, as low as $45.33. We...
FLXN is a possible flag formation. It seems a very strong flag formation, and in breakout it can go above $34 * Trade Criteria * Date first found- March 27, 2017 (intraday) Pattern/Why-Flag Formation Entry Target Criteria- Break above $28.53 (hit March 27, 2017) Exit Target Criteria- $34.37 Stop loss - $25.47 Please check back for Trade updates. (Note:...
MVIS was in the intraday alert for possible trade opportunity. It was a downward channel breakout long trade from $1.70 to $2.70, and now it seems forming another flag formation. Its breaking out downward consolidation of the flag, and showing strong upside potential. * Trade Criteria * Date first found- March 27, 2017 (intraday) Pattern/Why-Flag Formation...