Over the last three days, Tickeron's dvisor has detected that XENE's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call...
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...
I think Xenon hit bottom and now it has been climbing steadily for the last 4 months, every week except one has finished higher. In the last week it appears an ascending triangle has formed and the price has marched on upwards again. I try to be careful so I'll look at the 5-year info on the marketwatch site, then do a search for info on their pain-meds...
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...