SRC - Fallen angel pattern long from $7.78/$7.54 to $8.47
SRC looking very good as long, we been watching it from last week. We are looking for the short moving averages to crossover upward. It also has some insider buying. We think it has good upside potential from here.
* Trade Criteria *
Date First Found- June 12, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $7.78 or a pullback to $7.54
Exit Target Criteria- 1st Target $8.47
Stop Loss Criteria- $ 7.54 based on a breakout entry or $7.23 based on pullback
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- June 12, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $7.78 or a pullback to $7.54
Exit Target Criteria- 1st Target $8.47
Stop Loss Criteria- $ 7.54 based on a breakout entry or $7.23 based on pullback
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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