IMAX seems running within an upward channel, also forming a possible bear flag formation. On the other side we have the earnings coming in 2 days. So we would like to take advantage with option, and we would consider $31 March-17 Puts, last traded for $1.25 * Trade Criteria * Date First Found- February 19, 2017 Pattern/Why- Upward channel, Possible bear flag,...
FL seems forming a rising wedge formation. Breaking below $70.13 would be wedge break-down confirmation, and if it breaks it can decline to $66. * Trade Criteria * Date first found- February 21, 2017 Pattern/Why- Rising wedge Entry Target Criteria- Break of $70.13 Exit Target Criteria- $66 Stop Loss Criteria- N/A Please check back for Trade updates....
EDIT looks like an awesome flag formation. We sent this out during Fridays Live trading session. It looks like a great flag from $24 and upward. * Trade Criteria * Date First Found- February 17, 2017 (In Live trading session) Pattern/Why- Strong flag potential Entry Target Criteria- Break of $24 or above Exit Target Criteria- $31.57 Stop Loss Criteria-...
GMO formed a beautiful flag formation. Flag straight up, formed a pennant, and Pennant broke-out nicely to its target area. Now we are looking for a second Flag formation possibility here. It also has some insider buying. * Trade Criteria * Date First Found- February 16, 2017 Pattern/Why- Flag formation Entry Target Criteria- Pull back to $0.65 Exit Target...
AQMS is a nice Flag formation. We discussed in the valentine day trading alerts. This is a nice opportunity from $17 to $1 * Trade Criteria * Date first found- February 14, 2017 (Discussed in Valentine day Trading room) Pattern/Why- Flag formation Entry Target Criteria- Break of $17 Exit Target Criteria- $19 Stop Loss Criteria- N/A Please check back for...
ATEN seems forming a Flag formation. Moneyflow increased & showing upward potential. Looking very good as long. * Trade Criteria * Date First Found- February 16, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $9.74 Exit Target Criteria- $10.57 Stop Loss Criteria- $9.27 Please check back for Trade updates. (Note: Trade update is little...
IPI was a successful Flag play & now seems forming another flag in weekly frame. It also running within a downward channel formation. Both pattern suggesting upward move. We think it can easily hit $3 area. * Trade Criteria * Date First Found- February 15, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $2.33 Exit Target Criteria-...
After a very successful Long trade, CALA seems getting ready for another upward move as it is forming another Flag formation. If it can break recent high, it has good upside potential to go as high as $11 area. * Trade Criteria * Date first found- February 14, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $9.13 Exit Target Criteria-...
CIG seems breaking out a cup and handle formation, also broken out long term resistance. Moneyflow is strong, and also has support form the moving averages. We think it has good upside potential & it can go all the way to $3.67 or higher. It was send through our intraday alert. * Trade Criteria * Date first found- February 15, 2017 Pattern/Why- Entry...
INFI seems breaking out of a pennant formation. There is a potential for upward channel formation as well. However both pattern suggests upward movement & we think it has good upside potential up to $4. * Trade Criteria * Date first found- February 14, 2017 Pattern/Why- Upward Channel; Pennant formation. Entry Target Criteria- Entry around 2.5-2.58 (Hit...
IVN or IVPAF (US) has huge upside potential. Our fundamental Analyst Strath thinks that it is like buying a option without expiration data & it will be 10 - 20 times bagger over the years to come. Trade Criteria Date first found - January 17, 2017 Entry Target Criteria- current price Exit Target Criteria- Momentum Stop Loss Criteria- N/A (Note: Trade update...
MRCY was found in breakout scan which is involved Defense and intelligence programs in the US. It Broke out of Major long term resistance with huge volume. We think if it can break $33.47 it can reach to $40 area shortly. * Trade Criteria * Date first found- January 25, 2017 Pattern/Why- Broke out of Major long term resistance Entry Target Criteria- Break of...
PER seems breaking out its long term down trend followed by consolidation. It had a big break with huge volume. And in long term it showing upward momentum. We think it has huge potential to go above $5 * Trade Criteria * Date first found- Pattern/Why- Entry Target Criteria- Break of $ Exit Target Criteria- $ Stop Loss Criteria- $ (Note: Trade update is...
PPP looks quite solid in technical & fundamental, and it had a big run in last 2 day. Now we are looking for a long if it pools back to EMA. * Trade Criteria * Date first found-February 7, 2017 Pattern/Why- Bump & run formation Entry Target Criteria- Pull back to EMA 9 ($0.85) Exit Target Criteria- $1.27 & higher Stop Loss Criteria- $0.74 (Note: Trade...
CNAT started to move today. We picked it earlier as flag formation, but did not workout as flag, but it seems ready now. Moving averages giving it support & Moneyflow also holding strong. Seems very good long potential. * Trade Criteria * Date first found- February 9, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $5.14 Exit Target...
SLCA is running in a long upward channel. However it seems getting weak & it has strong moneyflow divergence. Trade Criteria Entry Target Criteria- Speculative entry at current price or Break of $49.93 Exit Target Criteria- $31 Stop Loss Criteria- N/A You can check detailed analysis on SLCA in the trading room/ Executive summary link...
HOG was our presidential pick. It declined nicely from our entry of $62.13 and now in profit taking zone. Now we are looking for a second opportunity here if it break below the upward channel. And we think it can go all the way down to $40 area. To play this we would consider $55 May-17 puts, currently trading for $2.90/3.10 * Trade Criteria * Date first...
SLF seems breaking down from a rising wedge formation. Good moneyflow divergence. We think it will decline from current label & it can easily decline to $36 area. * Trade Criteria * Date first found- February 2, 2017 Pattern/Why- Rising wedge breakdown Entry Target Criteria- from current label or retest to resistance around $39. Exit Target Criteria-...