MITK is forming a possible flag formation. It also seem an advance fallen angel formation.
We think it has good upside potential and it can be a momentum continuation trade.
* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- Possible flag formation, advance fallen angel formation
Entry Criteria- Current Levels ($
Exit Criteria- 1st Target $9.70; 2nd Target- Momentum
Stop Loss Criteria- $8.46
Indicator Notes- Very powerful Twiggs money flow index
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We think it has good upside potential and it can be a momentum continuation trade.
* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- Possible flag formation, advance fallen angel formation
Entry Criteria- Current Levels ($
Exit Criteria- 1st Target $9.70; 2nd Target- Momentum
Stop Loss Criteria- $8.46
Indicator Notes- Very powerful Twiggs money flow index
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.