NEWR seems breaking down forming a inverse fallen angel formation. It has very big insider selling. CEO and CFO ETC. Sold Big %'s over time.
We think it has very strong downside potentioal.
* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why- Inverse fallen angel pattern
Entry Criteria- Current price ($73.70) (hit April 4, 2018)
Exit Criteria- $63.57
Stop Loss Criteria- $79.57
Indicator Notes- Twiggs money flow declined down below Zero level.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We think it has very strong downside potentioal.
* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why- Inverse fallen angel pattern
Entry Criteria- Current price ($73.70) (hit April 4, 2018)
Exit Criteria- $63.57
Stop Loss Criteria- $79.57
Indicator Notes- Twiggs money flow declined down below Zero level.
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/
Check out some of our free video examples @ smartmoneytrading.com/insights/