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Long

DFRG - Cup & Handle formation Momentum Long from $15.43/$15.58

168
DFRG seems forming a cup and handle pattern. We think it has very good chance to continue upward from here.

* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why- Fallen angel formatio, Cup & Handle formation
Entry Criteria- Pullback to $15.43 or break above $16.53
Exit Criteria- N/A
Stop Loss Criteria- $14.93 (updated April 12, 2018)
Indicator Notes- Twiggs moneyflow accumulation
Special Note- Good levels of buying and recent buying in March at $16 by CEO.

Please check back for Trade updates. (Note: Trade update is little delayed here.)
AcornWealthCorp
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Also on:
Beyond Technical AnalysisDFRGHarmonic PatternsLONGTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisDFRGHarmonic PatternsLONGTrend Analysis
AcornWealthCorp
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now

Check out some of our free video examples @ smartmoneytrading.com/insights/
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.