SDRL - Fallen angel pattern long from $0.55 up to $0.87
SDRL forming a very nice fallen angel pattern with moneyflow divergence. It has broken out the moving averages with huge volume. We think it has good upside potential from here.
* Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $0.55 Exit Target Criteria- 1st Target $0.64, 2nd Target $0.87 Stop Loss Criteria- $0.48
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