Long

COGT- Flag formation & huge insider buying Long from $4.54 to $6

Updated

COGT seems forming a flag formation. On the other side it has a tones of insider buying. Executive Chairman of the Board picked up around 20 million
worth of shares just week ago. There are some other insider buying as well. Overall it seems very interesting Long set up.

* Trade Criteria *
Date First Found- March 28, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $4.54
Exit Target Criteria- $6.00
Stop Loss Criteria- $3.97

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

Trade active

March 29th - Went up & hit entry price today. Looking very good as long.

Trade closed: target reached

March 31st - Hit its short term profit taking target of $4.77. Consider taking some profit here.

Comment

April 4th- holding above support well, updating our stop loss criteria to $4.23

Comment

April 10th - Huge 7% gain today & made a higher high. Looking very good as long. Updating stoploss to $4.53

Comment

April 11th- Uptrend continued with another 2.8% gain today. Loving this Long Trade! Updating stop loss to $4.73

Comment

April 12th- updating our stop loss criteria to $5.03

AcornWealthCorp

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