MYGN is another nice Flag formation with beautiful moneyflow accumulation. Anything close to $18 would be a good entry point or break of current label * Trade Criteria * Date First Found- February 19, 2017 Pattern/Why- Flag formation Entry Target Criteria- Near $18 or Break of $18.67 Exit Target Criteria- Momentum Stop Loss Criteria- $16.83 Please check...
As the price is revisiting the US$18.76 resistance, we may expect a short term pullback. However, overall trend can be considered as positive. We may look for opportunity around the US$17-US$18 levels for accumulation. Target: US$21.40-22.40, US$26.15-US$28.58. Support: US$16.47
MYGN took a beating after it's guidance underwhelm last quarter. I do believe that the reaction was overdone. MYGN has healthy revenue streams and growing drug and generics demand. TA confirms a re-entering into trading range of: PT 1: $25.00 for a ~20%+ return. PT 2: $30.00 for a 50% return.
MYGN expected to open at 31.03 for a Retest Gap. To learn this strategy for free go to www.RealLifeTrading.com
Large Tri on Week just about ready for tell, bottom of PF Range, inside LT .23 to 0.5 Fib Range, 100 over 200 &200 wk ma rounding up.
Very nice setup into close and tomorrow long. With #VOLSTOPBUY.
THis one seems poised to go. Keep an eye.