CTRL Triangle continuation pattern LONG $CTRLCTRL Triangle continuation pattern LONG $CTRL
Will breakout higher on the back of great earnings. Consolidating gains now.
CTRL
CTRL - Momentum short setup from $23.46 to $14CTRL is quite bearish. Money flow dropping quite sharply & it has lot of insider selling. We think it has good downside potential.
Date First Found- February 13, 2018
Pattern/Why- Widening range triangle breakdown
Entry Criteria- Break of $23.46 (Hit March 1, 2018)
Exit Criteria- $14
Stop Loss Criteria- $26.23
Indicator Notes-Twiggs money flow divergence, and Money flow down sharp below zero.
Special Note- Lots of insider selling. Could consider $25 July Puts ($3.60/4.60)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CTRL - Momentum short setup from $23.46 to $14 CTRL is quite bearish. Money flow dropping quite sharply & it has lot of insider selling. We think it has good downside potential.
Date First Found- February 13, 2018
Pattern/Why- Widening range triangle breakdown
Entry Criteria- Break of $23.46 (Hit March 1, 2018)
Exit Criteria- $14
Stop Loss Criteria- $26.23
Indicator Notes-Twiggs money flow divergence, and Money flow down sharp below zero.
Special Note- Lots of insider selling. Could consider $25 July Puts ($3.60/4.60)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CTRL nice looking chartCTRL nice looking chart breaking out of a small base here with potential earnings growth.
