Cheetah Mobile Inc.
Long
Updated

CMCM - Flag formation Long from $12.93 up to $15.13

133
CMCM is forming a possible flag formation on the Hourly frame. At the break of this setup it can go at least to $14 are reflecting the top breakout.
But if the breakout occurs as a longer term flag setup, it can go as high as $15 to $15.13

* Trade Criteria *
Date first found- March 14, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $12.93
Exit Target Criteria- $14.00-14.20 / 15.00 - 15.13
Stop Loss Criteria- $12.43

Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
March 15th- Went up & hit entry price today. Now Wait & see.

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