CRAY - Flag formation Long at the break of $22.63

CRAY formed an interesting chart. Beautiful flag formation coming out of a downward channel. If it can break Resistance label around $22.60, and moving averages supports. It can easily reach $27 label.

* Trade Criteria *
Date First Found- February 14, 2017
Pattern/Why- Flag formation, Downward channel
Entry Target Criteria- Break of $22.63
Exit Target Criteria- $26.83

Please check back for Trade updates. (Note: Trade update is little delayed here.)

Kommentera:

March 15th - A lower entry could be possible with a break of 20.77, and would consider a Stop signal at 18.83