CLMT seems forming very good fallen angel formation. After a huge downward move not its scooping up & had some upward move.
It has strong insider buying, We think it can go higher forming a flag formation here.
* Trade Criteria *
Date First Found- August 16, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- consider pullback to 5.80-5.87 area or break of yesterdays high of 6.93
Exit Target Criteria- Momentum
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)