EFII - Triangle breakout momentum Long from $33.13

8 May 2018

EFII seems broken out of a triangle formation and money flow increased nicely. However it has a strong resistance overhead. If it can break the resistance, it will break the 200 days moving average as well & it should continue upward. We are keeping it in the watch to see if it can break them.

* Trade Criteria *
Date First Found- May 7, 2018
Pattern/Why- Symmetrical Triangle breakout Long
Entry Criteria- $33.13
Exit Criteria- Momentum
Stop Loss Criteria- N/A
Indicator Notes- twiggs moneyflow increase nicely.

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