Gap and go today. Since this ended up retesting (due to opening right near a resistance level), I want the stock to break through today's high before getting in. I would prefer a close above my buy price and then a retest of the support level. There has been lots of volume on this one too.
If the stock does not break through within a day or two, I will...
IGT seems forming a bearish flag formation. A break of $23 will be flag pattern breakdown confirmation. And we think it can go down to $20 area at the breakdown.
* Trade Criteria *
Date first found- March 13, 2017
Pattern/Why- Bear Flag formation
Entry Target Criteria- Break of $23
Exit Target Criteria- $20.13
Stop Loss Criteria- $24.13
International Game Technology is in one of many favorite spaces, the gambling space. They designs, develops, manufactures, and markets casino-style gaming equipment, systems technology, and game content for land-based and online markets worldwide. We have seen a slew of Bullish Call activity and even though the stock is trading under the Ichimoku Cloud it might...
This IGT chart is being published in real-time as Keene On The Market makes the announcement of "bullish activity" on IGT. As the name is well short on the Ruby set-up, Keene as he watches the market may indeed be seeing or sensing the turn up for this name. Very happy to hear him trade today. An inspiration, truly. Sincerely, Beauty