CPTA - Fallen angel formation long from $8.03 to $9.36 or higher

27 Mar 2018

CPTA seems forming a nice fallen angel formation. After a huge decline it seems getting some strength. Money flow accumulated & went up strongly to the positive side. It also has some insider buying.
We think it has good upside potential from here.

Relevant Updates:

* Trade Criteria *
Date First Found- March 7, 2018
Pattern/Why- Fallen angel Pattern
Entry Criteria- Break of $8.03 (Hit March 8, 2018)
Exit Criteria- 1st Target $9.36; 2nd Target- Momentum
Stop Loss Criteria- $7.46
Indicator Notes- Very strong Twiggs money flow
Special Note- Lots of insider buying

Please check back for Trade updates. (Note: Trade update is little delayed here.)