6 month cup and handle here with a weekly breakout with massive volume validating the move, if price manage to close above the newly formed support, here's a great long opportunity, the SL is based on an intraday open price.
the cup and handle suggest a higher target but there’s an important resistance to beat first so that would the TP1.
SCYX seems forming a nice little fallen angel formation. We been watching it from a while & it is a speculative long opportunity.
* Trade Criteria *
Date First Found- June 6, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $1.71
Exit Target Criteria- $2.17
Stop Loss Criteria- $1.54
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