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MBII - Smart money Long from current price to $1.43 & higher.
MBII came into our smart money scan as it had 26 million dollar worth insider purchase on 7th Feb. On the technical side it seems running within an upward channel & now heading to its upside resistance. We think it has a good chance to hit $1.43 shortly.
* Trade Criteria *
Date First Found- February 15, 2018
Pattern/Why- Momentum upward trade
Entry Target Criteria- Current price ($1.26)
Exit Target Criteria- $1.43
Stop Loss Criteria- $1.04
Indicator Notes- Twiggs money flow crossed to the positive zone.
Special Note- 26 million dollar purchase on 7th February, 2018
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- February 15, 2018
Pattern/Why- Momentum upward trade
Entry Target Criteria- Current price ($1.26)
Exit Target Criteria- $1.43
Stop Loss Criteria- $1.04
Indicator Notes- Twiggs money flow crossed to the positive zone.
Special Note- 26 million dollar purchase on 7th February, 2018
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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