SDRL forming a very nice fallen angel pattern with moneyflow divergence. It has broken out the moving averages with huge volume.
We think it has good upside potential from here.
* Trade Criteria *
Date First Found- July 25, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $0.55
Exit Target Criteria- 1st Target $0.64, 2nd Target $0.87
Stop Loss Criteria- $0.48
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We think it has good upside potential from here.
* Trade Criteria *
Date First Found- July 25, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $0.55
Exit Target Criteria- 1st Target $0.64, 2nd Target $0.87
Stop Loss Criteria- $0.48
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.