XENE seems breaking out of its downward channel formation. Twiggs money flow crossing to the positive side, and it has insider buying. We think it has good upside potential.
* Trade Criteria * Date First Found- December 26, 2017 Pattern/Why- downward channel breakout, fallen angel pattern. Entry Target Criteria- Current price ($2.91), Ideally look for a pullback Exit Target Criteria- 1st Target $3.43, 2nd Target $4.43 Stop Loss Criteria- N/A Indicator Notes- Very strong Twiggs money flow index. Special Note- Some insider buying
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