Long
SRNE - Fallen angel type short term Long from $2.08 to $2.63
SRNE seems forming a fallen angel formation. It may not be ready for a long term up trend but certainly ready for a short term push. It also has big insider buying on the 19th April. However We would look for a smaller play as stoploss is quite big here.
* Trade Criteria *
Date First Found- April 26, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $2.08
Exit Target Criteria- $2.63
Stop Loss Criteria- $1.58 (May consider $1.64)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- April 26, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $2.08
Exit Target Criteria- $2.63
Stop Loss Criteria- $1.58 (May consider $1.64)
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.