MYGN is another nice Flag formation with beautiful moneyflow accumulation. Anything close to $18 would be a good entry point or break of current label * Trade Criteria * Date First Found- February 19, 2017 Pattern/Why- Flag formation Entry Target Criteria- Near $18 or Break of $18.67 Exit Target Criteria- Momentum Stop Loss Criteria- $16.83 Please check...
FBC forming a flag formation & seems ready to break upward. It rallied up, broke the over head resistance and formed a flag formation. Now its ready to breakout. * Trade Criteria * Date First Found- February 16, 2017 Pattern/Why- Flag formation Entry Target Criteria- Current price ($28.54) Exit Target Criteria- $31.77 Stop Loss Criteria- $27.47 Please check...
CRAY formed an interesting chart. Beautiful flag formation coming out of a downward channel. If it can break Resistance label around $22.60, and moving averages supports. It can easily reach $27 label. * Trade Criteria * Date First Found- February 14, 2017 Pattern/Why- Flag formation, Downward channel Entry Target Criteria- Break of $22.63 Exit Target...
WKHS seems forming a nice fallen angel pattern. It crossed above EMA lines & MA20. It has good upside potential, and we think it can go to $5 area easily. * Trade Criteria * Date first found- February 16, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $3.33 Exit Target Criteria- $5 Stop Loss Criteria- N/A Please check back for Trade...
PGRE broken down from a upward channel. We been watching it from last week, and seems now its ready for a short trade. * Trade Criteria * Date first found- March 13 Pattern/Why- upward channel breakdown Entry Target Criteria- Break of $16.20 Exit Target Criteria- $15.20 Stop Loss Criteria- $16.63 Please check back for Trade updates. (Note: Trade update is...
IMMU is also from Flag scan. It had a nice rally up, and closing at the top half of the range. We think it has more upside potential. * Trade Criteria * Date first found- March 13, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $6.47 Exit Target Criteria- $7.23 Stop Loss Criteria- $6.07 Please check back for Trade updates. (Note: Trade...
NVDA came up in our smart money course. It had a really long run, and now seems forming a Head & shoulder. Also seems forming a double top. We think it has very good down side potential & it can drop to $90 shortly. * Trade Criteria * Date First Found- February 13, 2017 Pattern/Why- Head & shoulder; Double top Entry Target Criteria- Break of $108.07 Exit...
NVAX looks really good breakout opportunity. Its just tethering 50 day moving average, a break above will be Long Entry confirmation., and we think it will easily hit 2.40 area. Trade Criteria Entry Target Criteria- break above $1.55 Exit Target Criteria- $2.37 Stop Loss Criteria- $1.29 You can check our detailed analysis on NVAX in the trading room/ Executive...
AEHR is a beautiful flag formation. Huge breakout & it has good upside potential. A break of $9.74 can insure the upward flag break. * Trade Criteria * Date first found- February 14, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $3.80 Exit Target Criteria- $4.37 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade...
AMZN forming a potential head & shoulder. We would like to take the advantage from the top when it is forming the second shoulder, and a break of $844.33 will be a good entry point. For trade we would consider $850 Apr/May-17 Puts, last traded for $23.75 & $38.02 respectively. * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Potential head...
PGRE is running within an upward channel. If it gets up-to $18 to its upper Channel line, this could be interesting in the short side. As $18 is a major resistance label as well. We think it can reverse from there & can go all the way down to $15 area. * Trade Criteria * Date First Found- February 28, 2017 Pattern/Why- Upward channel reversal & breakout Entry...
JACK looks pretty interesting short setup. It had a huge decline below MA200 & holding this support now. Moneyflow has plummeted. It has huge downward potential if it can break the support label. * Trade Criteria * Date First Found- March 2, 2017 Pattern/Why- Support breakdown Entry Target Criteria- Break of $92.77 Exit Target Criteria- Momentum Special...
REG was running within a long upward channel, followed by a Downward channel. Now seems braking down from a upward channel. The upward channel brake came with a huge surge in volume, Moneyflow also declined very sharp. We think it has good downward potential. * Trade Criteria * Date first found- March 2, 2017 Pattern/Why- Upward channel breakdown Entry...
NOW is forming a rising wedge & upward channel formation. Both suggesting a decline & we think it can decline all the down to $65 area. * Trade Criteria * Date first found- March 2, 2017 Pattern/Why- Upward channel Entry Target Criteria- current label Exit Target Criteria- $65.33 Stop Loss Criteria- $90.23 Please check back for Trade updates. (Note:...
CBOE seems came out of a channel in daily frame. In the Long term it also running within a channel, and now seems forming a head & shoulder formation. Great moneyflow divergence, really pushing down & now below Zero. So this might be an interesting short from current price. * Trade Criteria * Date first found- March 7, 2017 Pattern/Why- Long term Channel &...
BMS coming out of an upward channel, and appears to be coming out of a previous Head & shoulder formation. It also has quite chunk of insider selling. On the option side we would consider $50 April-17 Puts, last traded for $2 * Trade Criteria * Date first found- March 7, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $48.17 Exit...
HPP seems running within a upward channel. It has tones of insider selling. We think it will be a good short, so keeping an close eye. * Trade Criteria * Date first found- March 7, 2017 Pattern/Why- Upward channel Entry Target Criteria- Watching for entry Exit Target Criteria- $28 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade...
FMBI seems rolling over after a good upward move, followed by some consolidation. Moneyflow has just plummeted to negative side. We think it will decline now, and we would consider a momentum Short from here. * Trade Criteria * Date first found- March 8, 2017 Pattern/Why- Breakdown Momentum short Entry Target Criteria- Break of $23.87 Exit Target Criteria-...