Long
XON - Possible Flag formation Momentum Long from $15.91
XON seems forming a flag setup. Money flow broken out positive. It had a big shot up on strong volume & broken out its resistance. It also had big insider buying recently. We thin it will continue upward.
* Trade Criteria *
Date First Found- March 7, 2018
Pattern/Why- formation. Possibly momentum Flag setup
Entry Criteria- Current price ($15.91) (Hit March 8, 2018)
Exit Criteria- Momentum
Stop Loss Criteria- $15.43 (Updated March 13, 2018)
Indicator Notes- Would consider July $18 Calls.
Special Note- Big Quantity and Big %’s insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- March 7, 2018
Pattern/Why- formation. Possibly momentum Flag setup
Entry Criteria- Current price ($15.91) (Hit March 8, 2018)
Exit Criteria- Momentum
Stop Loss Criteria- $15.43 (Updated March 13, 2018)
Indicator Notes- Would consider July $18 Calls.
Special Note- Big Quantity and Big %’s insider buying
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.