Long
XON - Possible Flag formation Momentum Long from $15.91

XON seems forming a flag setup. Money flow broken out positive. It had a big shot up on strong volume & broken out its resistance. It also had big insider buying recently. We thin it will continue upward.
* Trade Criteria *
Date First Found- March 7, 2018
Pattern/Why- formation. Possibly momentum Flag setup
Entry Criteria- Current price ($15.91) (Hit March 8, 2018)
Exit Criteria- Momentum
Stop Loss Criteria- $15.43 (Updated March 13, 2018)
Indicator Notes- Would consider July $18 Calls.
Special Note- Big Quantity and Big %’s insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- March 7, 2018
Pattern/Why- formation. Possibly momentum Flag setup
Entry Criteria- Current price ($15.91) (Hit March 8, 2018)
Exit Criteria- Momentum
Stop Loss Criteria- $15.43 (Updated March 13, 2018)
Indicator Notes- Would consider July $18 Calls.
Special Note- Big Quantity and Big %’s insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
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.