ROCK looks very good fallen angel formation from moneyflow standpoint. However we would like it to pullback for ideal entry. It could continue much higher, as a bump & run formation. * Trade Criteria * Date First Found- June 8, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Pull back to $33.13 Exit Target Criteria- $37.23 Stop Loss...
NCMI is forming a nice fallen angel pattern. Very nicely shopping up, and tethering its SMA20. It also has huge moneyflow accumulation. We think it has good upside potential. * Trade Criteria * Date First Found- June 8, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $7.57 Exit Target Criteria- $9.87 Stop Loss Criteria- $7.07 ...
MTRX formed a nice fallen angel formation. It been scooping up nicely & now just breaking out its SMA20. We think it has good upside potential from here. * Trade Criteria * Date First Found- June 8, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $8.73 Exit Target Criteria- $11.87 Stop Loss Criteria- $7.96 Please check back for...
IIIN seems falling breaking some key support area. Moneyflow is deep in the negative side. We think it will decline further. * Trade Criteria * Date First Found- June 7, 2017 Pattern/Why- Key Support Breakdown short Entry Target Criteria- Rally to $29.80 or break below $28.87 Exit Target Criteria- $26.74 Stop Loss Criteria- $31.47 Please check back for...
GIII seems forming a flag formation. Moneyflow crossed to the positive side. Interesting insider info- CEO as been a long time seller of his stock but has recently bought a bunch which is the first purchase since 2011. We think it will continue its flag formation & can go up to $36 area. * Trade Criteria * Date First Found- June 7, 2017 Pattern/Why- Flag...
CC seems breaking down from longer term upward channel. It has a lot of insider selling, and P/E ratio of 72.33, where Debt to Equity is very high 10.06. We think it has good down-side potential. * Trade Criteria * Date First Found- June 6, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $38.13 Exit Target Criteria- $30.74 Stop Loss...
RYAM seems forming a flag formation, however it needs to break through its resistance. We think it can go up to $21 are if it can break above $17.54 * Trade Criteria * Date First Found- June 6, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $17.54 Exit Target Criteria- $20.83 Stop Loss Criteria- $16.37 Please check back for Trade...
NAV looks very interesting in weekly frame, as it seems forming a bump & run formation. It also has big insider buying. We think it can run as high as $44 area. * Trade Criteria * Date First Found- June 6, 2017 Pattern/Why- Bump & run formation Entry Target Criteria- Break of $30.56 Exit Target Criteria- $43.87 Stop Loss Criteria- $28.43 Please check...
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 Please check back for Trade updates. (Note: Trade...
GSM will be an interesting short potential, if it testes its resistance at $11.47. We think it will decline after testing its resistance & it can fall as low as $9.88 * Trade Criteria * Date First Found- May 25, 2017 Pattern/Why- Potential short from Resistance Entry Target Criteria- Retest resistance at $11.47 Exit Target Criteria- $9.88 Stop Loss...
DPS had a sharp decline recently & now seems testing its breakdown resistance. It has huge insider selling, we think it will continue its down move after adjusting to its Resistance around $94.43 * Trade Criteria * Date First Found- May 25, 2017 Pattern/Why- Short from resistance. Entry Target Criteria- Test the resistance at $94.43 Exit Target Criteria-...
MDU formed nice momentum Long setup. It has strong upward momentum & moneyflow also crossed above Zero recently. We think it has good upside potential. * Trade Criteria * Date First Found- May 30, 2017 Pattern/Why- Upward momentum Long. Entry Target Criteria- Break of $27.53 Exit Target Criteria- $31.47 Stop Loss Criteria- $26.87 Please check back for...
HUN is breaking down an upward channel. Moneyflow declined very sharp & it some some insider selling as well. We think it will decline further & we would consider it as a momentum short from $23.93 * Trade Criteria * Date First Found- May 30, 2017 Pattern/Why- Upward channel breakdown short Entry Target Criteria- Break of $23.93 Exit Target Criteria- 1st...
NTNX seems forming a fallen angel formation. It's not ready yet, however if it cross above $18.53 it will be a good buy. * Trade Criteria * Date First Found- May 24, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $18.53 Exit Target Criteria- $22.13 Stop Loss Criteria- $16.73 Please check back for Trade updates. (Note: Trade...
* Trade Criteria * Date First Found- May 24, 2017 Pattern/Why- Possible Long term Head & shoulder formation Entry Target Criteria- Speculative entry at Present price, conservative entry at the Break of $34.80 Zone Exit Target Criteria- Momentum (About $20 down) Stop Loss Criteria- $38.73 Please check back for Trade updates. (Note: Trade update is...
LOW seems running within a wide upward channel, and at this time coming down from Upper channel line. We have earnings for it tomorrow, so we would like to see how it reacts. However if it shows weakness after earnings, we will consider for a short entry. * Trade Criteria * Date First Found- May 23, 2017 Pattern/Why- Upward channel formation with Earnings...
POLA is forming a fallen angel formation. It is a little aggressive play as the volume is not very high. However in the hourly candle it seems breaking out, and seems an interesting long setup. * Trade Criteria * Date First Found- May 23, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $5.20 Exit Target Criteria- $6.77 Stop Loss...
CLW seems forming a potential fallen angel formation with sharp upward swing of the moneyflow. We think it has good upward potential if it can break above $46.63 * Trade Criteria * Date First Found- May 22, 2017 Pattern/Why- Potential fallen angel setup Entry Target Criteria- Break of $46.63 Exit Target Criteria- $51.43 Stop Loss Criteria- 44.57 Please...