XENE - fallen angel pattern Long from $2.91 to $3.43

27 בדצמ׳ 2017

XENE seems breaking out of its downward channel formation. Twiggs money flow crossing to the positive side, and it has insider buying.
We think it has good upside potential.

* Trade Criteria *
Date First Found- December 26, 2017
Pattern/Why- downward channel breakout, fallen angel pattern.
Entry Target Criteria- Current price ($2.91), Ideally look for a pullback
Exit Target Criteria- 1st Target $3.43, 2nd Target $4.43
Stop Loss Criteria- N/A
Indicator Notes- Very strong Twiggs money flow index.
Special Note- Some insider buying

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