PHI looks a nice fallen angel pattern. Technically it seems a Very good long opportunity.
Trade Criteria Entry Target Criteria- Break of $28.33 Exit Target Criteria- $32 Stop Loss Criteria- $25.73
You can check detailed analysis on PHI in the trading room/ Executive summary link here- screencast.com/t/---- (Available to subscribers) Time Span- 59:00" Trade Status: Pending
Trade closed: target reached
Relevant Updates: January 10th- Went up huge 3.47% & traded very close to target price. 11.5% profit so far, looking very good as Long. Consider taking some profit. January 9th- Looking great! Updating our stop loss criteria to $27.93 January 5th- Another 2.93% gain today, total 5.4% gain in 2 days. Looking very good as long. January 4th- Jumped up, traded into opening price and went up further with very strong volume. Looking very good as long.
Trade active
January 30th- Showing some strength in this weak market, looking good as long. January 23rd- Showing some strength now. Went up 3.43% today & closed at the top of the range. We would love to keep in list for a while.
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