SLW- Bump & Run formation Long from $20 to $25

11 gen 2017

SLW forming a bump & run formation. Moneyflow is improving.If it can hold the support around $19.77 & breaks about it can easily go to next resistance around $25

Trade Criteria
Entry Target Criteria- Break of Resistance around $20
Exit Target Criteria- $25 & higher
Stop Loss Criteria- $19.77

You can check detailed analysis on SLW in the trading room/ Executive summary link here-
screencast.com/t/Lge8k2HytJd ( Access only for the subscribers)
Time Span- 58:00"
Trade Status: Pending
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1 feb 2017

Nota

January 31st- Went up huge 4.24% & Made a higher high. Looking very good as long. Updating stoploss to $20.67
January 27th- Going up after re-testing EMA 9, looking good as long.
January 23rd- Made a higher high & closed at the top of the range. Looking very good as long.
January 20th- Went up & hit entry criteria. Now wait & see.
January 17th- it seems broken out the channel formation, but yet to hit entry.
January 13th- Consolidating, did not hit entry yet. Waiting for breakout.

13 feb 2017

Nota

February 2nd- Made a higher high, but rejected from MA200 & closed at the bottom of the range.
February 7th - Continues to look strong creating higher highs. Updating our stop loss criteria to $21.73