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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