ECYT - Flag formation Momentum Long from $3.03 to $4.13
ECYT was discussed in trading room last Thursday as Flag play & it played out beautifully. It seems flagging again, and showing strong upward momentum breaking out long term resistance. We think it has potential to go as high as $4.13
* Trade Criteria * Date First Found- May 15, 2017 Pattern/Why- Flag formation (Possible Momentum Trade) Entry Target Criteria- Break of $3.03 Exit Target Criteria- 1st Target $3.33, 2nd Target $4.13 Stop Loss Criteria- $2.73
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