XENE - fallen angel pattern Long from $2.91 to $3.43
XENE seems breaking out of its downward channel formation. Twiggs money flow crossing to the positive side, and it has insider buying.
We think it has good upside potential.
* Trade Criteria *
Date First Found- December 26, 2017
Pattern/Why- downward channel breakout, fallen angel pattern.
Entry Target Criteria- Current price ($2.91), Ideally look for a pullback
Exit Target Criteria- 1st Target $3.43, 2nd Target $4.43
Stop Loss Criteria- N/A
Indicator Notes- Very strong Twiggs money flow index.
Special Note- Some insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We think it has good upside potential.
* Trade Criteria *
Date First Found- December 26, 2017
Pattern/Why- downward channel breakout, fallen angel pattern.
Entry Target Criteria- Current price ($2.91), Ideally look for a pullback
Exit Target Criteria- 1st Target $3.43, 2nd Target $4.43
Stop Loss Criteria- N/A
Indicator Notes- Very strong Twiggs money flow index.
Special Note- Some insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.