DFRG - Cup & Handle formation Momentum Long from $15.43/$15.58

15 באפר׳ 2018

DFRG seems forming a cup and handle pattern. We think it has very good chance to continue upward from here.

* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why- Fallen angel formatio, Cup & Handle formation
Entry Criteria- Pullback to $15.43 or break above $16.53
Exit Criteria- N/A
Stop Loss Criteria- $14.93 (updated April 12, 2018)
Indicator Notes- Twiggs moneyflow accumulation
Special Note- Good levels of buying and recent buying in March at $16 by CEO.

Please check back for Trade updates. (Note: Trade update is little delayed here.)