NCMI seems forming a fallen angel pattern and getting ready for another run. It has beautiful moneyflow. We think it has good upside potential both on short term & longterm. * Trade Criteria * Date First Found- July 26, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $7.73 Exit Target Criteria- 1st Target $8.23, 2nd Target $9.33 Stop...
EFOI Seems forming a fallen angel formation with great moneyflow divergence. It has good upside potential, If it can break above its resistance label around $2.37 * Trade Criteria * Date First Found- July 26, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Break of $2.37 Exit Target Criteria- $2.67 Stop Loss Criteria- $2.13 Please check back for Trade...
BURL broken down from a long term rising wedge, retested the support line & falling down again. We think it has good downside potential. However we are looking for 2 entry potential, first if it pull back to $89.73 or break down $84.33 * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Rising wedge breakdown short Entry Target Criteria- Rallies...
SDRL forming a very nice fallen angel pattern with moneyflow divergence. It has broken out the moving averages with huge volume. We think it has good upside potential from here. * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $0.55 Exit Target Criteria- 1st Target $0.64, 2nd Target...
AAP seems forming a nice fallen angel pattern. It also has some insider buying. We think it has good upside potential. To play this We would consider September $110 calls are $3.80. * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $106.47 Exit Target Criteria- $127.23 Stop Loss Criteria-...
CPB seems forming a fallen angel pattern. It also looks like a potential longer term downward channel, and at this moment it is reversing from the lower channel line. It has good insider buying. Overall it looks very good long setup. We would consider $52.50 November Calls $2.15 or $57.70 November calls are $0.55 * Trade Criteria * Date First Found- July 25,...
SBNY seems breaking down forming a H&S formation. It also broken down key support label on huge volume recently. We would consider a short if it breaks below $132.13 * Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- H&S formation, Key support breakdown short Entry Target Criteria- Break of $132.13 Exit Target Criteria- $122.13 Stop Loss...
OMER was a beautiful flag pattern & we had a wonderful run with it from $20 to $27. It seems forming a flag pattern again. We think it has good upside potential if it can break out $22.23 area. * Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- Potential Flag formation Entry Target Criteria- Break of $22.23 Exit Target Criteria- $24.83 Stop...
CLW is purely technical trade. It has formed a nice upward momentum after a successful fallen angel type of run. We think it can good upside potential from here. * Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- Momentum Breakout long Entry Target Criteria- Break of $50.36 Exit Target Criteria- $55.87 Stop Loss Criteria- $47.93 Please check...
ITCI was in our watch list for a while, and now it seems ready to go. Good insider buying from10% owner. We think it has Right now it is testing MA 200 resistance & it if can break above it can go much higher. On the option side we would consider August $12.50 calls @ $1.50 and November $15.00 calls @ $1.20 * Trade Criteria * Date First Found- July 20,...
CRAY seems forming a flag formation. It also broken above key resistance label around $19. We think it has further upside potential from here. * Trade Criteria * Date First Found- July 19, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $19.83 Exit Target Criteria- $21.67 Stop Loss Criteria- $18.77 Please check back for Trade updates....
MTSI formed a long upward channel in weekly frame. However, It seems getting toppy. So we think it has good downside potential. And if it can breakdown the upward channel it can go al. the way down to $34.33 * Trade Criteria * Date First Found- July 18, 2017 Pattern/Why- Upward channel breakdown (weekly frame) Entry Target Criteria- Break of $59.13 Exit...
CARP is a advanced/aggressive long setup. It has broken out on huge volume yesterday and forming a flag formation in hourly frame. We think it has further upside potential. * Trade Criteria * Date First Found- July 18, 2017 Pattern/Why- Fallen angel breakout Long (advanced/aggressive setup) Entry Target Criteria- Break of $1.53 Exit Target Criteria- $1.83,...
MNKD seems getting some momentum in the hourly frame, and seems ready to go to next resistance label. We think it has good upside potential. * Trade Criteria * Date First Found- July 18, 2017 Pattern/Why- Fallen angel pattern Long Entry Target Criteria- Break of $1.51 Exit Target Criteria- $1.83 - $1.90 Stop Loss Criteria- $1.37 Please check back for Trade...
NRG seems forming a nice flag formation. It had lots of insider buying around $17, before its hotting up. We think it has further upside potential * Trade Criteria * Date First Found- July 18, 2017 Pattern/Why- Flag formation breakout Entry Target Criteria- Break of $23.57 Exit Target Criteria- $26.33 Stop Loss Criteria- $22.13 Please check back for Trade...
SRC seems getting ready to break its key resistance label. It also has huger insider buying. Overall it seems very good long potential. * Trade Criteria * Date First Found- July 17, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $7.87 Exit Target Criteria- $8.73 Stop Loss Criteria- $7.37 Please check back for Trade updates....
MRTX was discussed in the trading room last Thursday, and considered a long entry at $4.07 area. It went up 11% today. So how into it should be in good profit. Who missed it, can look for a break of $4.43 & take a ride. It has good insider buying & it seem it has very strong upside potential. * Trade Criteria * Date First Found- July 17, 2017 Pattern/Why-...
AGEN is breaking through a lot os label of resistance. In longer therm its been declining from $10 & now getting some strength, and money flow is very strong now. It has huge insider buying from another Biotechnology company. We think it has very good upside potential. * Trade Criteria * Date First Found- July 17, 2017 Pattern/Why- Flag formation momentum...