LGCY - Possible flag formation Momentum Long from $3.90
LGCY was on our watch list from $3, and it is running on amazingly strong bullish trend. We were looking for a pullback entry opportunity that we had today. We think it will continue upward from here.
* Trade Criteria *
Date First Found- February 28, 2018
Pattern/Why- Momentum Long setup. Possible Flag formation
Entry Criteria- Break of $3.90 (March 2, 2018)
Exit Criteria- Momentum
Stop Loss Criteria- N/A
Indicator Notes- Very strong Twiggs money flow index
Special Note- Very good Valuation ratios (P/S: 0.63). Some recent insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- February 28, 2018
Pattern/Why- Momentum Long setup. Possible Flag formation
Entry Criteria- Break of $3.90 (March 2, 2018)
Exit Criteria- Momentum
Stop Loss Criteria- N/A
Indicator Notes- Very strong Twiggs money flow index
Special Note- Very good Valuation ratios (P/S: 0.63). Some recent insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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