IDT seems forming a fallen angel formation. After a huge decline, it is showing some strength now. It crossed above EMA lines & moneyflow is accumulating. We think it has decent upside potential.
* Trade Criteria *
Date first found- April 4, 2017
Pattern/Why- Fallen angle Pattern
Entry Target Criteria- Break of $13.04
Exit Target Criteria- $15.17 and $16.13
Stop Loss Criteria- $2.27 and $11.93
Please check back for Trade updates. (Note: Trade update is little delayed here.)