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EEQ - Fallen angel type Momentum Long at the break of $18

EEQ is an energy stock that seems forming a fallen angel pattern recently. On the other side Energy sector seems breaking out of a downward channel & getting ready for a short term rally. Along with the Sectorial strength, EEQ seems an interesting Long set up.

* Trade Criteria *
Date First Found- March , 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Break of $18 (Further update coming)
Exit Target Criteria- Momentum
Stop Loss Criteria- (Further update coming)

Please check back for Trade updates. (Note: Trade update is little delayed here.)
Zlecenie aktywne
March 30th - Went upward & hit our entry criteria. Now wait & see.
Uwaga
April 4th - closed above its 50 day SMA and it appears skies are clear. Looking good.
Uwaga
April 11th- Seems rolling over, however still holding above Entry criteria. Updating stop loss criteria to $17.41.
AcornWealthCorp
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Również na:
breakoutBullish PatternsEEQfallen-angelLONGS&P 500 (SPX500)spx500longstock-tradingtradinguptrend
AcornWealthCorp
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Check out some of our free video examples @ smartmoneytrading.com/insights/
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