NTAP seems rolling over, forming an inverse fallen angel formation. We think it has good downside potential. * Trade Criteria * Date First Found- December 26, 2017 Pattern/Why- inverse fallen angel formation Entry Target Criteria-Current price ($55.85) Exit Target Criteria- 1st Target $51.63 2nd Target $47.57 Stop Loss Criteria- $59.37 Indicator Notes-...
Looking to fade this retest gap. PROB going to snag .25R overall on this.... WE WILL SEE
No trade yet. Watching for a strong pop above recent small range on expanding volume. If that occurs, enter long, with stop loss below recent low (yet to be determined as entry has not occurred yet. Target up in $45.50 region, or utilize ATR Stops trailing stop loss.
sustainable uptrend established
Brown lines show forecasts based on alfazens' algorithmic analysis using Artificial Intelligence and big data: www.alfazen.com
The forecast is based on alfazens' algorithmic analysis using Artificial Intelligence and big-data: www.alfazen.com
Since our predictions have not reacted negatively to the jump (the should have) at all we take a positive stand for this stock! Our stand is against our "rules" to take any position close to a report - but lets have some fun!