ARDX seems forming a nice fallen angel formation. It had huge of insider buying. We think it has very good upside potential.
* Trade Criteria *
Date First Found- June 22, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $5.17
Exit Target Criteria- $7.23
Stop Loss Criteria- $4.73
Please check back for Trade updates. (Note: Trade...
Some insider buying this past week. Hard to tell other than the minor increase of SMA50 (Red SMA). RSI gradually increasing, OBV still strong. MACD making higher lows.
Conservative approach: Before dipping in, at least wait till SMA50 (Red MA) begins a positive slope. Otherwise you may end up trying to 'catch a falling knife' with others.
Obey your rules.
