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CLNS - Fallen angel formation Long from $6.26 to $7.43
CLNS is another speculative trade. Its been under a lot of downward pressure from the momentum, and now it seems trying to break the momentum to the upside.
We think it has good upside potential if it can break above its 50 days moving average around $6.25 area.
* Trade Criteria *
Date First Found- April 26, 2018
Pattern/Why- Fallen angel formation
Entry Criteria- $6.26
Exit Criteria- $7.43
Stop Loss Criteria- TBD
Indicator Notes- Strong Twiggs money flow divergence
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We think it has good upside potential if it can break above its 50 days moving average around $6.25 area.
* Trade Criteria *
Date First Found- April 26, 2018
Pattern/Why- Fallen angel formation
Entry Criteria- $6.26
Exit Criteria- $7.43
Stop Loss Criteria- TBD
Indicator Notes- Strong Twiggs money flow divergence
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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