Long
RGLS - Fallen angel setup Momentum long from $1, $2.50 Feb Calls

RGLS forming a nice fallen angel formation. IT has significant insider buying. It has few moving average to overcome however it has very good upside potential as it is coming down from huge £20 area. To play this we would consider February 2018 $2.50 Calls, currently $0.08
* Trade Criteria *
Date First Found- August 24, 2017 (Intraday Alert)
Pattern/Why- Fallen angel setup
Entry Target Criteria- Break of $1 (Hti August 24, 2017)
Exit Target Criteria- Momentum
Stop Loss Criteria- $0.88
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- August 24, 2017 (Intraday Alert)
Pattern/Why- Fallen angel setup
Entry Target Criteria- Break of $1 (Hti August 24, 2017)
Exit Target Criteria- Momentum
Stop Loss Criteria- $0.88
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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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.
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/
Check out some of our free video examples @ smartmoneytrading.com/insights/
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.