REV seems forming a very nice fallen angel formation. It is showing strong upward momentum after a huge fall. EMA lines crossed nicely & moneyflow also came in the positive zone. We think it has good upside potential & i8t can go above $27
* Trade Criteria * Date First Found- June 14, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $21.27 or pull back to $20.77 Exit Target Criteria- 1st target $24.63, 2nd target $27.23 Stop Loss Criteria- $19.23 Please check back for Trade updates. (Note: Trade update is little delayed here.)
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