ARLP seems forming a possible bump & run formation. The best thing about it is the huge volume in the breakout candle that suggest the reversal of the trend. It is a bit speculative trade but seems a good long opportunity * Trade Criteria * Date First Found- May 6, 2018 Pattern/Why- Possible flag formation. Advanced Bump & run formation. Entry Criteria-...
The same concept than Bullish Gold-Futures = Mining Companies but in this case with Coal at the end they are grouped in the same Basic Materials Industry. I only put momentum ideas in the desk of traders. Ideas that meet certain technical requirements like: Resistance breakout and trend line breakout I propose two targets, and wait for a price pullback The first...
ARLP was an intraday text alert sent out yesterday. It has a bear flag formation & It had done really well so far. Hit the entry this morning & it seems very good short setup. * Trade Criteria * Date first found- June 21, 2017 Pattern/Why- Bear Flag formation Entry Target Criteria- Break of $18.50 Exit Target Criteria- 1st Target $17.14, 2nd Target -...