OVAS is reporting after market tomorrow, and we would look for a speculative day trade opportunity here if it breaks above $1.65 * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Fallen angel, Possible day trade Entry Target Criteria- Break of $1.65 Exit Target Criteria- $1.92 & higher Stop Loss Criteria- N/A Please check back for Trade...
GST is testing its lowest bottom resistance, from where it bounced off quite few times. It also had some significant insider buying in this label in last May. We think it has good chance to bounce off from this resistance with its Earnings, which is on next Wednesday, August 3rd, 2017, and it may continue upward once its broken out. To play this we would...
LSCC seems breaking out of a downward channel formation. We think it has good upside potential from here.. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Downward channel breakout Long Entry Target Criteria- Break of $7.13 Exit Target Criteria- $8.43 Stop Loss Criteria- $6.93 Please check back for Trade updates. (Note: Trade update is...
CCK is running within a upward channel formation. We are Looking for break below trend-line of upward channel.
CELG seems forming a double top formation in the weekly frame. It also has strong insider selling. We think it can decline on long term. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Double top on weekly chart Entry Target Criteria- Break of $132.87 Exit Target Criteria- 1st Target $97.73, 2nd target $67.23 Stop Loss Criteria- $141.33...
BLDR was in our watch list for last few weeks, and now it seems forming double top with moneyflow divergence. Could be breaking down here. We think it has good downside potential. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Double top formation Entry Target Criteria- Break of $15.37 Exit Target Criteria- 1st Target $14.17, 2nd Target...
GNC looking very good as long. It seems breaking out forming a fallen angel formation with long moneyflow divergence. Overall looking very good as long. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Fallen angel breakout continuation Entry Target Criteria- Break of $10.95 Exit Target Criteria- 1st Target $11.80, 2nd Target $17.33 Stop Loss...
NCMI seems forming a fallen angel pattern and getting ready for another run. It has beautiful moneyflow. We think it has good upside potential both on short term & longterm. * Trade Criteria * Date First Found- July 26, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $7.73 Exit Target Criteria- 1st Target $8.23, 2nd Target $9.33 Stop...
EFOI Seems forming a fallen angel formation with great moneyflow divergence. It has good upside potential, If it can break above its resistance label around $2.37 * Trade Criteria * Date First Found- July 26, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Break of $2.37 Exit Target Criteria- $2.67 Stop Loss Criteria- $2.13 Please check back for Trade...
BURL broken down from a long term rising wedge, retested the support line & falling down again. We think it has good downside potential. However we are looking for 2 entry potential, first if it pull back to $89.73 or break down $84.33 * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Rising wedge breakdown short Entry Target Criteria- Rallies...
SDRL forming a very nice fallen angel pattern with moneyflow divergence. It has broken out the moving averages with huge volume. We think it has good upside potential from here. * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $0.55 Exit Target Criteria- 1st Target $0.64, 2nd Target...
AAP seems forming a nice fallen angel pattern. It also has some insider buying. We think it has good upside potential. To play this We would consider September $110 calls are $3.80. * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $106.47 Exit Target Criteria- $127.23 Stop Loss Criteria-...
CPB seems forming a fallen angel pattern. It also looks like a potential longer term downward channel, and at this moment it is reversing from the lower channel line. It has good insider buying. Overall it looks very good long setup. We would consider $52.50 November Calls $2.15 or $57.70 November calls are $0.55 * Trade Criteria * Date First Found- July 25,...
SBNY seems breaking down forming a H&S formation. It also broken down key support label on huge volume recently. We would consider a short if it breaks below $132.13 * Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- H&S formation, Key support breakdown short Entry Target Criteria- Break of $132.13 Exit Target Criteria- $122.13 Stop Loss...
OMER was a beautiful flag pattern & we had a wonderful run with it from $20 to $27. It seems forming a flag pattern again. We think it has good upside potential if it can break out $22.23 area. * Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- Potential Flag formation Entry Target Criteria- Break of $22.23 Exit Target Criteria- $24.83 Stop...
CLW is purely technical trade. It has formed a nice upward momentum after a successful fallen angel type of run. We think it can good upside potential from here. * Trade Criteria * Date First Found- July 20, 2017 Pattern/Why- Momentum Breakout long Entry Target Criteria- Break of $50.36 Exit Target Criteria- $55.87 Stop Loss Criteria- $47.93 Please check...
ITCI was in our watch list for a while, and now it seems ready to go. Good insider buying from10% owner. We think it has Right now it is testing MA 200 resistance & it if can break above it can go much higher. On the option side we would consider August $12.50 calls @ $1.50 and November $15.00 calls @ $1.20 * Trade Criteria * Date First Found- July 20,...
CRAY seems forming a flag formation. It also broken above key resistance label around $19. We think it has further upside potential from here. * Trade Criteria * Date First Found- July 19, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $19.83 Exit Target Criteria- $21.67 Stop Loss Criteria- $18.77 Please check back for Trade updates....