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Long

FDC - Downward channel breakout Long from $18.43 to $20.76

929
FDC was mentioned in our last trading room discussion on May 3rd. Earnings are already reported & it jumped up with the earnings and broke above its downward channel formation. We discussed it will be a possible long if it breaks above $18.43 & it did break that on Friday & looking great so far. We think it will continue upward.

* Trade Criteria *
Date First Found- May 3, 2018
Pattern/Why-Downward channel breakout long
Entry Criteria- $18.43
Exit Criteria- 1st Target $20.76, 2nd Target- Momentum
Stop Loss Criteria- $17.43
Indicator Notes- Strong Twiggs money flow index

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

Disclaimer

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channelbreakFDCHarmonic 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.