Potential Bear Flag ACRX Pharma

17 Kas 2018

Looking at the 1 day chart shows a clear bear flag forming over the past months.

Criteria to enter trade:

Clear break of lower (red) long term support line.
This is an ideal situation to use a Sell Stop Order (where a short order is placed in book at a price below the current market price)

Targets:

Once support is broken looking for a $1.95 target.(green)

--------- In the case we see a bounce off the lower support line (red) I will be looking to enter a long position with a target at $4.00

30 Ara 2018

İşlem aktif

30 Ara 2018

İşlem kapandı: hedefe ulaştı

Trade reached - trade closed with 23% profit!!