Double bottom looks possible with volume around 3.75-3.90 range
$RLOG - $DRYS - Earnings out, starting to see a leveling off on losses, revenue is climbing from previous Q and guidance is strong to with A/R towards next few months on collecting cash from contracts. Expecting to see the $1.00 mark soon here. Insiders bought around 400k shares August 2nd 2017.
GIII seems forming a flag formation. Moneyflow crossed to the positive side. Interesting insider info- CEO as been a long time seller of his stock but has recently bought a bunch which is the first purchase since 2011. We think it will continue its flag formation & can go up to $36 area. * Trade Criteria * Date First Found- June 7, 2017 Pattern/Why- Flag...
insider buying is usually good for long term growth-first target 11.90with new issues use a trailing stop loss fixed-no more then 5 percent in each idea-always leave 30 percent cash for ideas-place no more then 3 good ideas in any day
thin cloud-insider purchases usually lead to higher prices-diversify-chat room coming labor day-bands narrow-dmi crossed-mace crossing-balance of power positive trailing stop loss 8 ema