AcornWealthCorp

MX - Breakdown short from $9.93 to $8.57

Short
NYSE:MX   Magnachip Semiconductor Corporation
MX seems breaking down from a pennant formation. It also seems breaking its long term uptrend. Now if it breaks down its moving averages around $9.93 label, it has good potential do go down further.

* Trade Criteria *
Date First Found- October 23, 2017
Pattern/Why- Pennant & long term Up trend breakdown
Entry Target Criteria- Break of $9.93
Exit Target Criteria- $8.57
Stop Loss Criteria- $10.73

Please check back for Trade updates. (Note: Trade update is little delayed here.)


Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at www.smartmoneytrading.com/now

Check out some of our free video examples @ smartmoneytrading.com/insights/
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.