CUR is now poised to make its run; the Double Bottom has occurred, albeit a weak bull candle but with an agreement on Friday's price, essentially. Look to continue to retest the bottom, even to the point of hitting the Retest Gap from 9/21/2017 of $1.40 before its upward push. I was excited for this stock, purchased at $1.57 somewhat foolishly, due to SENTIMENT of ...
If I decide to reduce shares in either of my holdings (FB, PYPL), CUR would be a small bet I would be willing to take. It recently shedded about half it's value since the huge spike up. It seems to have finally found bottom. I have support and resistance lines drawn in, if I end up investing, I would set a stop just below the support, and play the sell out (limit) ...
A Symmetrical triangle has developed which 75% of the time signifies continuation of uptrend. Chaikan Moneyflow is increasing over this period whilst volume is thinning. This adds weight to the fact that this is a continuation pattern rather than the 25% likelihood bearish reversal pattern..... On watch!
CUR formed a strong flag formation. It would be very quick in & out type of Day trade. However it has some insider buying so we can keep it running after we close half in first target.
* Trade Criteria *
Date first found-
Entry Target Criteria- Break of $
Exit Target Criteria- $
Stop Loss Criteria- $
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