ACTG - Downward channel formation long from
ACTG looks an interesting long setup. It is running within a downward channel & now at the bottom of the channel formation. It has insider buying & strong money flow divergence. We think it has good upside potential from current level.
* Trade Criteria *
Date First Found- February 6, 2018
Pattern/Why- Short term Speculative Long
Entry Criteria- Current price ($3.50) (Hit February 7, 2018)
Exit Criteria- 1st Target $3.96 ; 2nd Target $4.73
Stop Loss Criteria- $3.33 (Updated February 15, 2018)
Indicator Notes- Positive Money flow divergence
Special Note- Very good valuation ratio (P/B: 0.43, P/C: 1.12)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- February 6, 2018
Pattern/Why- Short term Speculative Long
Entry Criteria- Current price ($3.50) (Hit February 7, 2018)
Exit Criteria- 1st Target $3.96 ; 2nd Target $4.73
Stop Loss Criteria- $3.33 (Updated February 15, 2018)
Indicator Notes- Positive Money flow divergence
Special Note- Very good valuation ratio (P/B: 0.43, P/C: 1.12)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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