I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 70%
TARGET (EXIT) PRICE = 12.07 USD
BREAKOUT (ENTRY) PRICE = 11.44 USD
DISTANCE TO TARGET PRICE = 3.89%
EMERGED ON = Sep 29, 12:00 PM (EDT)
CONFIRMED ON = Oct 02, 09:43 AM (EDT)
WITH CONFIDENCE LEVEL = 79%
The Descending Triangle pattern is formed when the...
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...