EEQ - Fallen angel type Momentum Long at the break of $18 EEQ is an energy stock that seems forming a fallen angel pattern recently. On the other side Energy sector seems breaking out of a downward channel & getting ready for a short term rally. Along with the Sectorial strength, EEQ seems an interesting Long set up.
* Trade Criteria *
Date First Found- March , 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $18 (Further update coming)
Exit Target Criteria- Momentum
Stop Loss Criteria- (Further update coming)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
