EEQ is an energy stock that seems forming a fallen angel pattern recently. On the other side Energy sector seems breaking out of a downward channel & getting ready for a short term rally. Along with the Sectorial strength, EEQ seems an interesting Long set up.
* Trade Criteria *
Date First Found- March , 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $18 (Further update coming)
Exit Target Criteria- Momentum
Stop Loss Criteria- (Further update coming)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- March , 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $18 (Further update coming)
Exit Target Criteria- Momentum
Stop Loss Criteria- (Further update coming)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
การซื้อขายยังคงดำเนินอยู่:
March 30th - Went upward & hit our entry criteria. Now wait & see.
ความคิดเห็น:
April 4th - closed above its 50 day SMA and it appears skies are clear. Looking good.
ความคิดเห็น:
April 11th- Seems rolling over, however still holding above Entry criteria. Updating stop loss criteria to $17.41.
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