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.
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