Something COOL is coming to EFI - It can FLY very soon - EfinityEFI Fundamentals are good, the team behind the project is solid.
T.A is showing a good opportunity on Efinity..
Entry between 0.33 & 0.38
STOPLOSS 1 DAY CLOSE BELOW 0.32
Tp1 0.54
Tp2 0.62
Tp3 0.69
Never use more than 5% of your portfolio on a trade.
EFII
EFII - Triangle breakout momentum Long from $33.13EFII seems broken out of a triangle formation and money flow increased nicely. However it has a strong resistance overhead. If it can break the resistance, it will break the 200 days moving average as well & it should continue upward. We are keeping it in the watch to see if it can break them.
* Trade Criteria *
Date First Found- May 7, 2018
Pattern/Why- Symmetrical Triangle breakout Long
Entry Criteria- $33.13
Exit Criteria- Momentum
Stop Loss Criteria- N/A
Indicator Notes- twiggs moneyflow increase nicely.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Specifical consolidation of buyers (EFII) There are 4 main signals for bulls' movement within rising channel:
1-v bottom
2- two double bottoms
3- flag with breakout
4-wide-diapason upbar with high volume
Buy current price 43.80-44.00
Target 50.00
Stop loss 42.62 (low of current fractal)
Risk/return ratio 1:5
