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...
@zillionare_zone on the grind as always. Here we have an extremely lucrative scenario that I have served up on a platter for you all. Not only do we see an end to a trend, singling a reversal, and a drastic one at that, but there will be a ridiculous amount of volume today as well because of the earnings report release today. The long signal is very favorable,...
- 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...