PSDV - Speculative Breakout long from $1.31 to $1.93 & Higher PSDV is another speculative play. It also seems breaking out of a pennant formation on strong volume. We would consider a small positing here.
* Trade Criteria *
Date First Found- December 5, 2017
Pattern/Why- Speculative Breakout trade (Small Position)
Entry Target Criteria- Current label ($1.31)
Exit Target Criteria- $1.93 2nd Target $2.23
Stop Loss Criteria- $1.19
Indicator Notes- Strong financial Ratio (Debt/Eq: 0, Lt Debt/ Eq: 0)
Special Note- Insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
PSDV
PSDV - Fallen angel pattern long from $1.18 to $1.38PSDV is a speculative setup. it seems forming a fallen angel formation. It has insider buying from CEO, and it is showing some upward bias. We think it has good upside potential.
* Trade Criteria *
Date First Found- August 24, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $1.18
Exit Target Criteria- $1.38
Stop Loss Criteria- $1.06
Please check back for Trade updates. (Note: Trade update is little delayed here.)
