THC - Flag formation Long from 32.07 to $37.83

THC formed a nice flag formation here, just finding some support and consolidating around 30.55. It has very strong money flow index. We think it will continue upward from here.

* Trade Criteria *
Date First Found- May 7, 2018
Pattern/Why- Flag formation
Entry Criteria- Current price (32.07) (Hit May 9, 2018)
Exit Criteria- 1st Target $37.83 (Updated May 9, 2018), 2nd Target: Momentum
Stop Loss Criteria- $30.46 (Updated May 9, 2018)
Indicator Notes- Very strong twiggs money flow
Special Note- Good valuation ratio (P/S: 0.18)

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