MGEN also from Thursdays trading room discussion. It was moving along the upper channel line after breaking out of a channel formation and got some upward momentum now. We think it will continue upward from here.
* Trade Criteria * Date First Found- May 3, 2018 Pattern/Why- Downward channel breakout continuation. Entry Criteria- Current Levels ($7.25) Exit Criteria- $8.87 Stop Loss Criteria- $6.43 Indicator Notes- Twiggs money crossed to the positive
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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