ANDX broken out of a downward channel, declined and retested its channel resistance. Now it seems getting ready for another run. It also seems forming a nice double bottom pattern. We think it has good upside potential from here.
* Trade Criteria * Date First Found- April 4, 2018 Pattern/Why-Downward channel breakout continuation. Double bottom Entry Criteria- $45.43 (Hit April 5, 2018) Exit Criteria- 1st Target $48.47, 2nd Target $51.37 Stop Loss Criteria- $43.83 Indicator Notes- Twiggs money flow divergence Special Note- lots of Insider buying
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