EGO came out on our fallen angel scan. It is a play on the gold. It has broken down from a long-term downward channel & now seems getting some upward momentum. We think it has good upside potential from here.
* Trade Criteria * Date First Found- December 13, 2017 Pattern/Why- Fallen angel Entry Target Criteria- Current price ($1.27) Exit Target Criteria- $1.63 Stop Loss Criteria- $1.07 Indicator Notes- Good money flow accumulation Special Note- Very strong Financial Ratios
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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