AGLE - Bump & Run formation Long from $5.32/$5.71 to $7.27
AGLE seems breaking out of an upward channel formation like the Pharmaceutical sector itself. It has good insider buying. We think it has very good upward potential.
* Trade Criteria * Date First Found- December 26, 2017 Pattern/Why- Downward channel breakout, Bump & Run formation Entry Target Criteria- Pullback to $5.32 or break above $5.71 Exit Target Criteria- 1st Target $7.27, 2nd Target $9.67 Stop Loss Criteria- $4.74 Indicator Notes- Crossed above its MA lines Special Note- Very good insider buying
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