Trading Alerts

Reset
Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
THC
Open
2018-05-11
Long
Full
Flag formation
$32.07
$37.83 & Higher
$30.46
Notes:
THC formed a nice flag formation here, just finding some support and consolidating around 30.55. It has very strong money flow index. We think it will continue upward from here. You can check detailed analysis on THC in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:09:40" Relevant Updates: May 16th - Moving upward everyday. Liking this long setup. May 14th - Small but continues upward move. Looking very good as long. May 9th (Executive Summary)- Hit possible entry signal today as per text message. Stop signal $30.46. $37.83 1st Target signal, Momentum 2nd Target.
Chart:

THC - Flag formation Long from 32.07 to $37.83 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
SRNE
Open
2018-05-10
Long
Full
Upward momentum Recovery setup, Possible breakout play
$7.44
$8.87 & $12.87
$6.43
Notes:
SRNE was previously a fallen angel setup back in December, 17 which rallied all the way from 2.50 to a high of 10.50. Than we had a H&S short from $7 down to $4.50 & that also worked really well. Now it rallied up as another possible recovery momentum story breaking through resistance and it was alerted during the day through Tex-message as a possible breakout play. You can check detailed analysis on SRNE in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=N4JqQvP48vE Time Span- 0:05:55" Relevant Updates: May 11th - Getting some upward momentum. Looking good as long. May 9th (Executive Summary)- Hit possible entry signal today as per text message.
Chart:

SRNE - Possible breakout play from $7.44 to $8.87 & $12.87 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
THS
Open
2018-05-10
Long
Full
Possible flag setup
Current price($46.19)
$51.43 & Higher
$43.33
Notes:
THS is forming a possible flag formation. It was a recent find & alerted through text message. It looking like it could be ready for a rally. We think it has good upside potential left & could be a good play from current price. You can check detailed analysis on THS in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=N4JqQvP48vE Time Span- 0:05:25" Relevant Updates: May 10th - Considered a position around the opening price. It went up from the opening price nicely. Looking good.
Chart:

THS - Possible flag setup from current level to $51.43 & higher by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
NCLH
Open
2018-05-08
Short
Full
Upward channel breakdown short
Current price ($50.31)
$45.53
$52.13
Notes:
NCLH broken down from a lovely upward channel, reversed back inside. Now it is forming downward momentum & broken down the support level. It has big insider selling and money flow declined to the negative zone. We think it has good down side potential. You can check detailed analysis on NCLH in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:20:30" Relevant Updates: May 16th - Failed to hold below its stop loss criteria. Taking off the list. May 15th - Showing some upward momentum, not looking good as short. May 8th - As discussed considered a position near the opening price. Now wait and see.
Chart:

NCLH - Upward channel breakdown short down to $45.53 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
VRA
Open
2018-05-08
Short
Full
Upward channel, Inverted fallen angel formation
Current level ($10.19)
Momenutm
$10.92
Notes:
VRA seems running within an upward channel formation. It also seems a possible inverted fallen angel formation. Broken down most of its moving averages, and it has big insider selling. We think it will be a good short as a hedge against so many long we have. You can check detailed analysis on VRA in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:19:55" Relevant Updates: May 16th - Went up & failed to hold below its stop loss criteria. Taking off the list. May 8th - As discussed considered a position near the opening price. Now wait and see.
Chart:

VRA - Inverted fallen angel formation momentum short by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
WIFI
Open
2018-05-08
Short
Full
Upward channel breakdown short
Current Level ($20.82)
$17.13 & $14.23
$22.53
Notes:
WIFI broken down from an upward channel formation. It also breaking down from a long uptrend. It has great insider selling and strong money flow divergence. We think it has very good down side potential You can check detailed analysis on WIFI in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:19:10" Relevant Updates: May 10th - Beautiful downward move on strong volume. Looking very good as short. May 8th - Considered a position near the opening price. Now wait and see.
Chart:

WIFI - Upward channel break down short by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
LOMA
Open
2018-05-08
Short
Half
Speculative Downward momentum short
$17.93
Momentum
$19.13
Notes:
LOMA is breaking down sharply breaking its support level. Money flow very sharply down. However its a bit speculative trade, as it has earnings tomorrow after market. You can check detailed analysis on LOMA in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:18:40" Relevant Updates: May 14th - Gapped down & continued further down on strong volume. We would consider taking some profit off the table. May 11th - Nice downward move after some consolidation. May 8th - As we discussed it had a sharp decline hitting its entry criteria. With the earnings report it started higher but continued downward and closed the day 4.7% lower. Liking it as short.
Chart:

LOMA - Downward momentum short from $17.93 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
VICL
Open
2018-05-08
Long
Full
Fallen angel formation
$1.66
$1.93 & Higher
$1.53
Notes:
VICL broken out on strong volume It had insider purchase on November - 800%. It has very strong money flow divergence. If it can continue & break its 200 days moving average it can go really high. You can check detailed analysis on VICL in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:17:40" Relevant Updates: May 14th - Strong upward move testing its 150 days moving average. Looking good as long. May 8th - Pulled back to its entry criteria however closed strong. Wait & see situation.
Chart:

VICL - Fallen angel formation long from $1.66 to $1.93 & Higher by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
MLI
Open
2018-05-08
Long
Full
Downward Channel breakout Long
Current price ($28.54)
$30.67
$27.87
Notes:
MLI just broke above its downward channel formation. It has strong accumulation of money flow as well. We think it will continue upward from here. You can check detailed analysis on MLI in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:16:00" Relevant Updates: May 9th (Executive Summary)- Looking good, bullish action continues, Would add stop signal at $27.87 May 8th - Considered a position around the opening price. It went up nicely throughout the day. Looking good as long.
Chart:

MLI - Downward Channel breakout Long up to $30.67 & higher by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
MUX
Open
2018-05-08
Long
Full
Downward Channel breakout Long
$2.23
$2.93 & Momentum
$1.97
Notes:
MUX seems broken out of a downward channel formation and sitting at the top of the channel now. It's trying to break out it's 200 days moving average. We think it has good upside potential if it can break the overhead resistance. You can check detailed analysis on MUX in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:15:25" Relevant Updates: May 15th - Gapped down to its consolidation area. Wait and see situation. May 10th - Went up and hit its entry criteria. Wait and see situation. May 9th (Executive Summary)- Looks good with a break above $2.23. Stop signal at $1.97. Short term target of $2.93. Longer term momentum potential play.
Chart:

MUX - Downward Channel breakout Momentum Long from $2.17 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
MIC
Open
2018-05-08
Long
- Watching-
Possible Fallen angel formation
-
-
-
Notes:
MIC was a trading room pick from a little while ago. That is building some support, possible fallen angel formation. It may not be very strong yet, but we are keeping it in the watch for now. You can check detailed analysis on MIC in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:15:10"
Chart:

MIC - Fallen angel type Long setup - Watchlist by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
KRG
Open
2018-05-08
Long
-Watching-
Downward channel formation
-
-
-
Notes:
KRG running within a downward channel formation. However the money flow is really pushing upward and just trying to break through the channel. If it does break the channel it can easily hit around 16.50 area. It has Very decent insider buying big % and various directors. Keeping in the watch list for now. You can check detailed analysis on KRG in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:14:25"
Chart:

KRG - Downward channel breakout Long - Watchlist by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
JILL
Open
2018-05-08
Long
-Watching-
Fallen angel
-
-
-
Notes:
JILL formed a nice fallen angel last year & that was a very successful trade from acorn. It seems forming a similar fallen angel pattern now. Moreover, theres been recent insider buying and money flow accumulating. You can check detailed analysis on JILL in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:13:50"
Chart:

JILL - Fallen angel formation Long - Watching - by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
ICPT
Open
2018-05-08
Long
Full
Possible fallen angel play
$68.84 & $76.13
$98- $100
N/A
Notes:
ICPT seems forming fallen angel type of formation. It has beautiful divergence in the money flow and big insider buying. We think it has very good upside potential from current level, however it has some resistance nearby that it need to over come first. You can check detailed analysis on ICPT in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:12:10" Relevant Updates: May 9th - Nice upward move and tested its 200 days moving average. Looking good as long. May 8th - Reported better than expected earnings, but market did not react much. Considered a small speculative position near the opening price. Now wait and see.
Chart:

ICPT - Fallen angel type of long from $70.33/$76.13 to $100 area by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
EFII
Open
2018-05-08
Long
Full
Symmetrical Triangle breakout Long
$33.13
Momentum
N/A
Notes:
EFII seems broken out of a triangle formation and money flow increased nicely. However it has a strong resistance overhead. If it can break the resistance, it will break the 200 days moving average & it should continue upward. We are keeping it in the watch to see if it can break them. You can check detailed analysis on EFII in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:11:45" Relevant Updates: May 16th - Nice upward move making higher high. Looking good as long. May 10th - Went up and hit its entry criteria. Wait & see. May 9th (Executive Summary)- Looking great so far, would wait for the breakthrough however looking strong.
Chart:

EFII - Triangle breakout momentum Long from $33.13 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
CYH
Open
2018-05-08
Long
- Watching -
Flag formation
-
-
-
Notes:
CYH seems forming a flag formation and trying to break out. Huge increase in the money flow, and it also has insider buying. Overall very good long setup. We are watching for a perfect entry criteria. You can check detailed analysis on CYH in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:11:30"
Chart:

CYH - Flag formation Long setup - Watchlist by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
PAH
Open
2018-05-08
Long
Full
Downward channel breakout Long
$10.61 or $10.93
$11.87 or $13.43
N/A
Notes:
PAH seems ready as a Long trade. It appears to be just broken out a smaller frame downward channel and now sitting along support. It also seems breaking out of a larger frame downward channel as well. It has good insider buying. Overall it looks very interesting long setup. You can check detailed analysis on PAH in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=mOY8GrUzn3o Time Span- 0:10:00" Relevant Updates: May 16th - Continued its uptrend and moved forward today on strong volume. Looking very good as long. May 11th - Crossed above its Safe entry criteria, while its nicely up from its Speculative entry zone. Wait and see situation May 10th - Strong upward move and closed above its 200 days moving average. Looking very good as long. May 8th - Considered a speculative position near the opening price. Now wait and see.
Chart:

PAH - Downward channel breakout Long from $10.54 to $13.43 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
NOC
Open
2018-05-07
Short
Full
Downward momentum short trade
$299.87
$242.33
N/A
Notes:
NOC seems a nice short setup as it breaking down very nicely. It has lost of insider selling and has broken down all its moving average & now testing its 200 days moving average. now If it breaks below it can continue much down to the 240 area. To play this we would also consider $280 November Puts. You can check detailed analysis on NOC in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=4Sfk80O--wU Time Span- 0:24:00"
Chart:

NOC - Downward momentum short from $299.87 to 242.33 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
PINC
Open
2018-05-07
Short
Full
H&S formation
$32.49
$27.57
$34.13
Notes:
PINC seems forming a H&S formation. It is breaking down nicely and Twiggs money flow following it down. It also has decent insider selling. It seems a very good opportunity however be aware of the risk as Earnings After market Monday. You can check detailed analysis on PINC in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=4Sfk80O--wU Time Span- 0:23:50" Relevant Updates: May 8th - Gapped down with the earnings though reported slightly better than expected earnings. Keeping it in the watch for now. May 7th - Considered an entry around the opening price. It continued to decline very nicely. Looking very good as short. However need to be aware of the risk, Earnings after market today.
Chart:

PINC - H&S formation short from current level to $27.57 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
ARLP
Open
2018-05-07
Long
Half
Possible flag formation. Advanced Bump & run formation.
Current Level ($17.70)
$19.27
$16.87
Notes:
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. You can check detailed analysis on ARLP in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=4Sfk80O--wU Time Span- 0:22:30" Relevant Updates: May 7th - Considered an entry in the morning, now wait and see.
Chart:

ARLP - Flag formation long from $17.90 to $19.27 & higher by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
APRN
Open
2018-05-07
Long
Full
Possible fallen angel momentum play
$2.47
Momentum
$2.03
Notes:
APRN started to push up after making a base here. It has broken out its recent resistance on huge volume and Twiggs money flow surging really high. We consider it as a very good momentum play. You can check detailed analysis on APRN in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=4Sfk80O--wU Time Span- 0:20:10" Relevant Updates: May 9th (Executive Summary)- Bump and run pullback today but held moving average well. Tomorrow likely to be consolidation day. May 8th - Huge 11% upward move on strong volume and closed at the top of the range. Looking very good as long. May 7th - went up and hit its entry criteria. Now wait and see.
Chart:

APRN - Possible fallen angel momentum play from $2.30/$2.44 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
MGEN
Open
2018-05-07
Long
Full
Downward channel breakout continuation.
Current Levels ($7.25)
$8.87
$6.43
Notes:
MGEN also from Thursdays trading room discussion. It was moving along the upper channel line after breaking out of a channel formation and got some upward momentum now. We think it will continue upward from here. You can check detailed analysis on MGEN in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=4Sfk80O--wU Time Span- 0:21:00" Relevant Updates: May 11th - Nice upward move so far from its entry criteria. Looking good as long. May 4th - Considered an entry around the opening price, now wait and see.
Chart:

MGEN - Downward channel breakout long from $7.25 to $8.87 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
EMES
Open
2018-05-07
Long
Full
Upward momentum Long. Long-term downtrend breakout.
Current Level ($8.01)
$9.83
$8.13
Notes:
EMES was also discussed on the trading room last Thursday. It has good % & good amount of insider buying. Twiggs money flow accumulating from quite some time and it has broken out its long term down trend. We think it will continue upward from here. You can check detailed analysis on EMES in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=4Sfk80O--wU Time Span- 0:17:35" Relevant Updates: May 9th (Executive Summary)- Would raise stop signal to $8.13 May 9th - Went up huge 5% on strong volume. Liking it a lot as long. May 7th - Continuing upward nicely, looking good as long. May 4th - Considered an entry around the opening price, now wait and see.
Chart:

EMES - Upward momentum Long from current Level ($8.01) to $9.83 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
FDC
Open
2018-05-07
Long
Full
Downward channel breakout Long
$18.43
$20.76 & Higher
$18.43
Notes:
FDC was mentioned in our last trading room discussion on May 3rd. Earnings are already reported & it jumped up with the earnings and broke above its downward channel formation. We discussed it will be a possible long if it breaks above $18.43 & it did break that on Friday & looking great so far. We think it will continue upward. You can check detailed analysis on FDC in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=4Sfk80O--wU Time Span- 0:17:00" Relevant Updates: May 9th (Executive Summary)- Still kicking butt! Would raise stop signal to $18.43. May 9th - Nice upward move making higher high, Looking good as long. May 4th - Went up & hit its entry criteria, now wait and see.
Chart:

FDC - Downward channel breakout Long from $18.43 to $20.76 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
GS
Open
2018-04-27
Short
Full
H&S formation short
$236.83
$219.13
$246.77
Notes:
GS seems forming a possible downward neckline H&S formation. Twiggs moneyflow deep in the negative side. Now if it can break its neckline around 236, it can decline down to 220 area. To trade this we would consider $225 July Puts which are currently reported to be $4.80 by You can check detailed analysis on GS in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=6E9hXq2M9s8 Time Span- 0:01:30" Relevant Updates: May 16th - Pushed down from its 200 days moving average & showing some weakness. Wait and see situation. May 10th - Showing some upward momentum. Not looking good as short. May 2nd - This had a nice decline. This is very nice to see that long went up & shorts going down at the same time. May 1st - Declined and hit its entry criteria. Now wait and see.
Chart:

GS - HS& formation short from $236.83 to $19.13 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
FI
Open
2018-04-26
Long
Full
Downward channel breakout Long
$7.19
$9.24
$6.63
Notes:
FI seems trying to break out a downward channel formation. It has very strong Twiggs money flow. We think it has very good upside potential. You can check detailed analysis on FI in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=6E9hXq2M9s8 Time Span- 0:08:30" Relevant Updates: May 9th - Went up huge 17% on strong volume, settling the day with 10% gain. Looking very good. May 8th - Declined down with the earnings, Survived its stoploss criteria by penny but closed strong. Keeping in the list for now. May 6th - Looking strong - Also beware of earnings before market on Tuesday estimated. May 2nd - Strong upward move holding above its EMA lines. Looking good as long. April 27th - Went up & hit its entry criteria. Looking good as long. April 26th - Very nice upward move, but yet to hit its entry criteria. Wait and see.
Chart:

FI - Downward channel breakout Long from $7.19 to $9.24 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
GE
Open
2018-04-20
Long
Half
Fallen angel pattern
$15 January 2019 Calls - $1.08
Momentum
N/A
Notes:
GE Starting to look good again! However got to be careful with how much you risk due to earnings upcoming. $15 January 2019 Calls - $1.08 Relevant Updates: May 16th - Nice upward move making a recent high and hit its 100 days moving average. It has strong upside potential if it can cross this resistance. May 9th - Broke its consolidation and went up nicely. Seems getting its upward momentum back. April 25th- dropped back down to its 9 day EMA support and held; following today’s AGM. This is a long term hold utilizing Call options and we would be willing to ride this for as long as it needs. With this type of strategy we would be willing to risk everything we would put into this and not have a stop loss criteria. April 24th - Nice upward move. $15 January 2019 Calls went up to $1.20 from $1.08 April 20th - Gapped up huge 6% with the earnings. Looking very good as long.
Chart:

GE - Fallen angel formation Long, $15 January 2019 Calls - $1.08 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
ADMP
Open
2018-04-19
Long
Full
Decent Smart Money setups, Channel breakout Long
$4.07
$5.43
$3.43
Notes:
ADMP seems running within a long-term downward channel. It had 4 touches in the top channel line & two powerful run from the bottom with strong twiggs money flow divergence. We think it has strong upside potential. You can check detailed analysis on ADMP in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=leFozekV_L8 Time Span- 0:11:00" Relevant Updates: May 15th - showing some upward momentum after long consolidation. Looking good again. May 1st - Still holding above its stoploss but not looking very promising as Long. April 25th - Declined intraday barely holding above its stop loss criteria but recovered throughout the day and closed strong. Now wait and see. April 20th - Spiked up & hit its entry criteria, but closed below. Now wait and see. April 19th - Performed strong today, however did not yet breakout above $4.07 we are looking for.
Chart:

ADMP - Downward Channel breakout Long from $4.07 to $5.43 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
DS
Open
2018-04-12
Long
Full
Smart money long setup
$5.13
Momentum
$4.83
Notes:
DS has great upward money-flow potential. It had huge insider busying in last November. It looks a potential long opportunity if it break above $5.13. You can check detailed analysis on DS in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=37HFFptrHaw Time Span- 0:08:20" Relevant Updates: May 16th - It was a very strong up day & closed at the top of the range making nearly 10% gain. May 15th - Nice upward move making higher high, looking good as long. May 6th - Would add stop signal here of $4.83 May 3rd - Reported Q1 EPS of ($0.08), $0.08 worse than the analyst estimate of $0.00. DS declined with the earnings. May 2nd – Continued upward very nicely. It has earnings before market tomorrow, Be aware of the risk. April 30th - Beautiful upward move making higher high. Liking this long setup. April 23rd - Slow but steady upward move and crossed above its 100 days moving average. Looking good as long. April 16th - Went up & hit its entry criteria. Now Wait and See.
Chart:

DS - Smart money momentum long setup from $5.13 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
GBX
Open
2018-04-05
Short
Full
Long term trend break, Upward channel breakdown short
$44.43
$35.53
$52.54
Notes:
GBX seems breaking down its Macro frame uptrend & upward channel formation. It has big insider selling from CEO and others. We think it has very good downside potential. To play this we would consider $50 June puts You can check detailed analysis on GBX in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=3JXCfU978ao Time Span- 0:22:55" Relevant Updates: May 15th - Not looking good as short, as it continues upward. Wait and see situation. May 4th - Showing upward momentum after some consolidation. Wait and see. April 26th - slowly going down holding below its EMA lines. Looking good as short. April 19th - Holding down well so far! April 18th - Still holding below its EMA 9 and Money flow is down. Keeping in the list for now. April 11th- Declined and hit its entry zone criteria. Now wait & see.
Chart:

GBX - Upward channel/Trend breakdown short from $44.43 to $35.33 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
MYOK
Open
2018-04-05
Long
Full
Possible H&S formation
$44.93
$40.23 & $35.23
$53.72
Notes:
MYOK seems possible H&S formation. It has huge insider selling. We think it has huge downside potential. On the option side, $45 June puts look good (depending if you can get a good fill.) You can check detailed analysis on MYOK in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=3JXCfU978ao Time Span- 0:18:15" Relevant Updates: May 9th (Executive Summary)- Great drop today, possible profit taking opportunity. May 9th - Gapped down nearly 8% as earnings missed estimate. May 7th - Not looking good as short & need to be aware of the risk, it has Earnings after market tomorrow. May 3rd - Had a nice decline closing below its 100 days moving average. Seems getting some downward momentum, wait and see. April 19th - Still looking good if it breaks down. Almost a possible head and shoulder type formation building. April 5th- has not yet hit our entry zone criteria but is really underperforming the rest of the market and is looking great as a short idea.
Chart:

MYOK - Possible upward channel break short from $44.93 to $35.23 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
CMPR
Open
2018-04-04
Short
Full
Inverse fallen angel pattern
$151.88 (Current price)
N/A
$167.13
Notes:
CMPR - Looking great, Would suggest is likely good to go now, would consider stop at 167.13. Relevant Updates: May 7th - Nice downward move from its EMA lines, Looking good as short. May 3rd - CMPR reported ($0.07) earnings per share for the quarter, missing the Zacks’ consensus estimate by $0.17. It declined significantly with the earnings but recovered most of it throughout the day. May 1st - Earnings after market tomorrow, be aware of the risk. April 27th - Declined breaking below its 100 days moving average. Looking good as short. April 23rd - It has broken down below its key support area of 150 level, now it is in the free fall zone. Wait and see. April 19th - Holding under resistance really well, just need to break down below this 150 area of support and momentum to the downside should pick up. April 11th - Still holding near its entry criteria and also below its EMA lines. Twiggs Money Flow continues to decline. Keeping in the list for now. April 3rd- We considered an entry around opening price. Now wait & see.
Chart:

CMPR - Inverse fallen angel momentum short from $151.88 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
NSTG
Open
2018-03-30
Long
Full
Fallen angel; Downward channel breakout
$7.11
$8.83 & Higher
$8.83
Notes:
NSTG seems forming a nice fallen angel type formation. It also seems breaking out of a downward channel formation. Twiggs money flow is trying to break above Zero line. We think it has good upside potential from the current price. (Note: It was an intraday no Trade Video Link available ) Relevant Updates: May 16th - Beautiful upward move making higher high and closed at the top of the range. Looking very good as long. May 9th - Went up huge 12% on strong volume as earnings beats estimate. We considered taking some profit off the table. May 7th - Very nice upward move testing its 200 days moving average. We would consider taking some profit off the table as Earnings after market tomorrow. May 4th - It seems breaking to the upside after some consolidation. Wait and see April 26th - Made a base here and getting some upward momentum. Looking good as Long. April 19th-- Would consider a stop loss update to $8.83 April 18th- updating stop loss criteria to $8.77 to protect potential gains. April 13th- Spiked up 6% intraday but failed to hold the gain and closed negative. Wait & see situation. April 12th- Continued its strong upward move, looking very good as long. April 10th- Continues to push higher and hits its 1st target exit zone at $8.83. We would consider updating our stop loss criteria to $7.73. April 9th- beautiful move higher breaking and closing above $8.00, updating stop loss criteria to $7.33 April 4th- beautiful move breaking and closing above recent highs. Twiggs Money Flow broke above 0% and this is looking great. April 3rd- Getting some resistance at 100 days moving average but is still something we like as a long idea. Wait & see situation. March 29th- Went up huge 6% & tested its 100 days moving average. Looking very good as long. March 28th- As discussed considered an entry around opening price. It went up huge 5% from that level. Looking very good as long.
Chart:

NSTG - Fallen angel type Long from $7.11 to $8.83 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
MMM
Open
2018-03-28
Short
Full
Upward channel breakdown short
$221.87
$200.73 & $184.70
$206.73
Notes:
MMM Seems breaking down from an upward channel formation & also breaking down below 200 days moving average. It has fair amount of insider selling. We think it will continue downward from here. To play this we Could consider July $200 Puts (currently $2.10) You can check detailed analysis on MMM in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=B1YhAfL0g0o Time Span - 0:10:10” Relevant Updates: May 16th - Declined nicely even in the strong market condition. Looking for a downward continuation. May 14th - Showing some upward momentum & traded close to its updated stoploss criteria. Not looking good as short. May 1st- Continuing its downward move, looking very good as short, we would consider updating our stop loss criteria to $206.73. April 26th - Strong performer, declined nicely even in the strong market condition. Liking it a lot. April 25th- updating our stop loss criteria to $213.57 April 24th - Gaped down 7% following its earnings report release and hit its 1st exit zone criteria. July $200 traded up to $9.50 from $2.10 when we originally discussed these. We would consider taking some potential profits off the table here. April 23rd - We considered to close stock position as earnings Tomorrow before market. However we would see how Option performs. April 17th - Showing upward momentum, not looking very good as short. April 2nd- enjoyed another beautiful drop lower on decent volume. We would consider updating our stop loss criteria to $235.57. March 29th- Went up but still holding below its EMA lines. Keeping in the list for now March 28th- Great close, if we take the 50 day moving average. July $32 Puts still looking great. March 23rd- Huge decline hitting its entry criteria. Looking very good as short.
Chart:

MMM - Upward channel breakdown short from $221.87 to $184.70 by AcornWealthCorp on TradingView.com

MMM - Upward channel breakdown short from $221.87 to $184.70 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
CPTA
Open
2018-03-27
Long
Full
Lots of insider buying
$8.03
$9.36 & Higher
$7.46
Notes:
CPTA seems forming a nice fallen angel formation. After a huge decline it seems getting some strength. Money flow accumulated & went up strongly to the positive side. It also has some insider buying. We think it has good upside potential from here. You can check detailed analysis on CPTA in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=HhH408Ob8rM Time Span - 0:13:45” Relevant Updates: May 14th - Continues upward move making higher high and crossed above its 200 days moving average. Looking very good as long. May 8th - Reported $0.28 EPS for the quarter, topping the consensus estimate of $0.26. Share price went up very nicely following the earnings. Keeping in the list for now. May 4th - Not looking good as long. Need to be aware of the risk, earnings after market Monday. May 3rd - Seems getting some downward momentum, not looking good as long any more. April 20th - Still holding near its entry criteria and forming a base here. Keeping in the list and waiting for a breakout. April 2nd- completely outpaced the market closing up on the day on increasing volume. This is something we will continue to keep an eye on. March 26th- holding above its MA support and our stop loss criteria however not looking ideal. We will continue to keep an eye on this for now. March 14th- Formed a base here, and now trying to push higher. Looking good as long. March 8th - Went up and hit its entry criteria. Now wait and see
Chart:

CPTA - Fallen angel formation long from $8.03 to $9.36 or higher by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
DAN
Open
2018-03-21
Short
Full
Smart money momentum short setup
$26.93
$20.33
$26.23
Notes:
DAN is a nice smart money short setup with significant insider selling. It also has great Money flow divergence. We think it has strong downside potential if it can break $26.90 level. You can check detailed analysis on DAN in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=8XXa8svmOrQ Time Span - 0:12:40” Relevant Updates: May 11th - Seems forming a inverted Flag formation, keeping an eye for downward break. May 9th - Consolidating below its EMA lines, wait and see situation. May 6th - Holding well AFTER earnings drop. April 30th - Declined huge 5% and closed at the bottom of the range though the earnings was better than expected. April 27th - We considered to take potential profit by closing the stock position as earnings on Monday morning However we would see how option plays out with the earnings. April 13th- Seems getting some downward momentum. Looking very good as short. April 5th- holding below our stop loss criteria but really not looking good as a short idea. March 26th- Traded higher but under performed the market in general and is something we still like as a short idea March 16th- Seems forming a base here, wait and see situation. March 14th- Nice downward move closing at the bottom of the range. Looking very good as short. March 13th- Holding great, really like the price action so far on this. March 12th- Rejected from its Moving averages and declined sharp. Looking good as short, wait and see. March 5th - Went up with the market but holding below its stop loss criteria. Wait and see. March 2nd - Nice downward move closing at the bottom of the range. Looking very good as short. February 28th - Declined and hit its entry criteria. Now wait and see.
Chart:

DNA- Smart money momentum short from $26.93 to $20.33 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
H
Open
2018-03-21
Short
Full
Double Top formation
$76.87
$66.63 & Momentum
$83.41
Notes:
H is forming a beautiful double top with strong Twiggs money flow divergence. We think it has strong down side potential if it breaks its 50 day moving average. We would consider $80 August puts @ $4.50 You can check detailed analysis on H in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=8XXa8svmOrQ Time Span - 0:15:00” Relevant Updates: May 9th (Executive Summary)- Looking like it is likely to stop out. May 1st - We would consider closing the stock position as earnings after market tomorrow. However we would see how option reacts with the earnings. April 19th - Still looking solid as a short , holding H&S pattern currently, forming possible second shoulder, really need a break below 73.80 to get confirmation however. April 10th- Once again looking good as a short idea. Twiggs Money Flow has really declined. March 26th- traded higher but under performed the market in general and is something we still like as a short idea. March 15th- Headed towards resistance level. We are watching for a potential H&S formation here. Keeping in the list for now. March 6th - Still moving near its entry criteria, but holding a strong bearish pattern. Keeping in the list for now. February 28th - We considered a position around opening price. Now wait and see.
Chart:

H - Double top formation short from $76.87 to $$66 & $80 Aug Put by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
AOS
Open
2018-03-21
Short
Full
Upward channel breakdown; H&S formation
$66.16
$53.35
$68.67
Notes:
AOS is running within a channel formation & now testing its channel resistance. It also seems shaping a H&S formation. We think it has good downside potential from current level. To Play this we would consider $65 July puts ($2.95) You can check detailed analysis on AOS in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=4LsPgd8Xn7I Time Span - 0:03:00” Relevant Updates: May 2nd - Seems breaking down its channel formation. Wait and see. April 25th - reported earnings of $0.60 per share beating Walls Streets expectations but the market was not thrilled and AOS closed down slightly. This is something we still like as a short idea. April 24th - Declined sharp & tested its lower channel support line. Earnings tomorrow morning before market open. April 19th - Already been lots of profit opportunities here. However unsure of where this wants to go next. April 12th- Consolidating & seems forming a triangle formation. Wait & see situation. March 27th- Strong downward move making lower low. Keeping it in the list. March 23rd- Seems resuming its down trend, looking good as short again. March 13th- Seems rolling over, wait and see. March 7th - Showing some upward momentum here, not looking very good as short. March 1st - Declined huge 3.3% on strong volume. Liking this short setup. $65 July puts went up from $2.95 to $5.10. That is huge 72% gain over very short time. February 27th - Nice downward move from its entry criteria, and Twiggs money flow crossed below Zero line. Looking good as a short setup. February 23rd - Considered an entry around opening price. Now wait and see.
Chart:

AOS - H&S formation short from $$66.16 to $53.35 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
TRMB
Open
2018-03-21
Short
Full
Downward Momentum Play
$38.51 & $36.37
$34.17 & $30.73
$37.73
Notes:
TRMB was on our watch list form December. We were looking for the break of its upward channel formation. At last, it has broken down its Uptrend & Major EMA lines. It also has huge insider selling. We think it will continue downward from here. You can check detailed analysis on TRMB in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=6MghhXsujhU Time Span - 0:09:40” Relevant Updates: May 8th - Would consider lowering stop signal to $37.73. May 8th - Reported a better than estimated earnings. With the earnings it gapped down 8% in the morning but recovered throughout the day. We are keeping it in the list for now. May 4th - Had nice downward move so far and hit its 1st target already. Need to be aware of the risk, earnings after market Monday. May 2nd - Trying to break its support level, wait and see. April 6th- Declined & hit its 1st target criteria. March 23rd- Beautiful drop trading close to its 1st target criteria. Looking good as short. March 22nd- Beautiful downward move hitting its break down entry criteria. However, its nicely down from its aggressive entry criteria. March 21st- Tried to break down & made a sharp spike down. Watching closely. March 19th- Nice downward move closing at the bottom of the range. Looking good as short. March 15th- Showing some downward momentum & crossed below its EMA lines. Keeping in the list. February 22nd - As discussed we considered an aggressive position at the opening price. Now wait and see.
Chart:

TRMB - Breakdown short setup from $38.51 to $34.17 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
VSI
Open
2018-03-20
Long
Full
Fallen angel pattern; Longer term smart money play
$4.45
$9.38
$4.43
Notes:
VSI was in our watch list from very long time. It looks very interesting as long. It has came down from a huge high of $65 & now seems forming some base here. It has Very large insider buying, 1.1million bought at $3.83 on 6th of Feb. We think it has huge upside potential from here. You can check detailed analysis on VSI in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=bdeUYDpmUiw Time Span - 0:10:30” Relevant Updates: May 8th - Declined and hit its updated stoploss near opening price. Earnings tomorrow before market open. May 7th - Not looking very good as long and need to be aware of the risk, Earnings before market Wednesday. May 4th - Crossed below its EMA lines, not looking very good as long. May 1st - Declined but still holding above its updated stop loss. Wait and see. April 25th- Holding MA support well and has not looked like the market at all. Updating our stop loss criteria to $4.43. April 20th - Continuing its upward move, Looking good as long. April 17th - Getting some upward momentum. Beginning to look good as long again. March 28th- Showing upward momentum, wait & see. Twiggs Money Flow looks to break above 0% and the last time this happened the stock rallied from $4.40 to a high of $5.45 in two days. This closed today at $4.40!! March 20th- Declined & crossed below its EMA lines. Not looking good as long. March 14th- Holding strong even in the weak market condition. Still like it as long term play. March 7th - Went up as high as 15.6% intraday. However traced back a bit and closed the day with 8% higher. Looking good as long. March 5th - Formed a base here and showing upward momentum. Looking good as long again. Wait and see situation. February 27th - reported Q4 2017 earnings this Morning, a loss of $1.7 which is little better than $0.20 loss estimated. However Revenue was little below the projection. Share price went up in the early hours but declined nearly 9% throughout the day. February 26th - We would consider closing most of this position as Earnings before market tomorrow. February 23rd - Spiked up nearly 13%, and closed the day with a 5% gain. Showing some potential here. February 21st - Declined with the broader market, but still like it as long. February 16th - As discussed we considered a position at the opening price. Now wait and see.
Chart:

VSI - Fallen angel pattern long from current price to $9.38 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
CMCO
Open
2018-03-18
Short
Down
Upward channel breakdown short
$37.55
$33.13
$39.67
Notes:
CMCO looks decent short as it is breaking down from an upward channel formation. It has insider selling. We think it was strong downside potential. You can check detailed analysis on CMCO in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=xBqVSYSnPzI Time Span - 0:17:10” Relevant Updates: May 15th - Another beautiful decline, looking good as short. May 14th - Gapped up but closed lower. Wait & see situation. May 6th - Nice bearish close under moving averages. April 30th - After quite some time it started to show some downward move and made nice decline. April 19th - Don't like this anymore, strong close with money flow going positive. Would consider an early exit. April 12th- Seems forming a base here & a possible double bottom. Not looking good as short. March 16th- Getting some upward momentum, not looking very good as short at this point. February 22nd - Spiked up but closing at the bottom of the range. Keeping in the list for now. February 15th - Still holding near bottom of its recent low. Looking good as short. February 12th - Did not participate in the broader market correction, and holding to the bottom of the range. Loving it as short. February 7th - Nice downward move, looking very good as short. February 6th - Gapped down with the Market. Went up and hit its entry criteria. Now wait and See.
Chart:

CMCO - Upward channel formation short from by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
TNDM
Open
2018-01-09
Long
Full
Momentum Long setup. Possible Flag formation
$3.33, $9.13- Re-entry
$8.33 & Momentum
$8.23
Notes:
TNDM had a good push today with huge volume. Money flow also had a sharp upward move. We think it will continue its uptrend from here. You can check detailed analysis on TNDM in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=8XXa8svmOrQ Time Span- 0:18:30" Relevant Updates: May 15th - Another strong upward move closing at the top of the range. May 14th - Massive 25% upward move hitting its 2nd entry criteria. This is the best trade so far. May 9th (Executive Summary)- At its next test point. Looking good Would still continue to consider this a hold. Possibly even a new buy if it breaks above $9.13. Stop signal $8.23. May 8th - Continued upward move making higher high. Looking very good. May 7th (Executive Summary)- Would consider moving stop signal to $7.43 May 7th - Went up & hit its updated target criteria making a total of 150% stock profit. We would continue watching this very successful trade. May 2nd - Spiked close to its target price, considered to take some profit off the table. April 26th - Went up huge 10% prior to earnings & traded very close to its target criteria. Considered taking some profit of the table or at least take out the original capital of the trade prior to earnings. Now its a free trade to run through the earnings. April 25th- earnings tomorrow After Market Close!! Be aware of your risk!!! April 17th- created a higher high and a higher low and continues to look good as a long idea. Updating our stop loss criteria $6.67 which is 100% move from our original entry criteria. April 16th - Continued its strong uptrend with another 6% gain today and closed at the top of the range. Liking it a lot. April 12th- Next profit target area looks like $8.33. May see some volatility tomorrow with a possible test of $6.40 support April 11th- Went up another 13% intraday but failed to hold it and closed nearly flat. As discussed in Trading Room last night we would consider taking some profit of the table but do like the long term possibilities of this company. April 10th- huge move after preliminary results were release today. This is looking awesome. Earnings are April 5th- continues to push higher updating our stop loss criteria to $4.37 April 4th- Continued its upward move closing at the top of the range. Updating stop criteria to $4.07 which is 20% higher than our original entry zone criteria. April 3rd- Continued its upward move closing at the top of the range. Liking this log setup. March 29th- Very nice upward move making higher high breaking its 200 days moving averages. Looking very good as long. March 28th- Wow! another beautiful move breaking its 200 day moving average on strong volume. Looking very good as long. We would consider updating our stop loss criteria to $3.77 which is 10% higher than our original entry criteria. March 27th- Huge 9% upward move on strong volume & tested its 200 day moving average. Looking very good as long. Consider taking some profit off the table. March 23rd- Went up huge 5% on very strong volume. Would consider some profit taking and possible update stop signal to $2.55. March 22nd- Holding above its MA line & making a base here. Wait & see situation. March 16th- Nice upward move on relatively strong volume. Looking good as long here. March 15th- Had a sharp spike down, but closed near top of the range. Keeping in the list for now. March 13th- Under some short term pressure. Would consider some profit taking if not already. However, still like long term. March 7th - Holding at the top of its EMA lines and forming a positive base here. Looking good. March 2nd - Though the earnings was slightly below estimate, it went up about 15% hitting its entry criteria. March 1st - Reported earnings after market and was down slightly. We will keep this on watch list and see how it reacts tomorrow morning. February 28th - Went up, touched its entry criteria but could not break out. We will keep it in watch from outside as Earnings after market tomorrow.
Chart:

TNDM - Fallen angel breakout Long from $3-3.25 to $4.20 by AcornWealthCorp on TradingView.com

Symbol
Status
Date
Direction
Size
Conviction
Strategy
Entry Price
Take profit
Stop loss
LEG
Open
2017-05-20
Short
Full
Upward channel breakdown short
$46.27
$43.43 , $29.35
$45.57
Notes:
LEG Looking good as short. Great breakdown below upward channel formed since October 27th. Moneyflow also broken down. We think it will decline further. On the option side we would consider $50 September Puts, You can check detailed analysis on LEG in the trading room/ Executive summary link here- https://www.youtube.com/watch?v=5Nq63dEgzc8 Time Span- 0:01:25" Relevant Updates: April 30th - Continuing its decline making lower low. $45 Jun Puts went up to 100% from $2.40 entry to $4.90. April 27th - Reported $0.57 earnings per share for the quarter, missing analysts estimates by 2 cents. Market reacted to it and it dropped nearly 4% and closed at the bottom of the range. April 25th – Another beautiful drop on good volume. Earnings tomorrow After Market Close. Be aware of your risk. Updating our stop loss criteria to $45.57. April 24th - Another beautiful move closing at the bottom of the rang, liking it a lot as short. $45 June Puts went up to $3.50 from $2.40 entry. April 20th - Nice downward move making lower low, looking good as short. April 19th - Starting to break down again, still like this, especially given the longer term H&S pattern on the weekly chart. April 16th - Trying to break its lower support, looking good as short again. March 23rd- hit our first exit zone criteria. Looking good! March 20th- Declined & crossed below its EMA lines. Looking good as short again. March 6th - Huge upward move in last couple of days, not looking very good as short. March 2nd - Continues downward move breaking the consolidation. Looking very very good as short. $45 June Puts went up to $4.50 from $2.40 February 27th (Executive Summary) - Looking really good, holding a negative pattern extremely well so far. February 27th - Seems broken down from a pennant formation. According to the breakdown it should easily go down to 39 area. Keeping this in our list as a long term trade opportunity. February 26th - Still in a consolidation pattern. Waiting for a break. February 20th - Seems forming a triangle formation here. Looking for a downward breakout. February 8th - Nice downward move closing at the bottom of the range. Looking good as short. February 7th - failed to hold below our updated stop loss criteria but is something we still like as a short idea at these levels. same setup Stop $48.31 , target $43.43 and Target 2 $29.35. Would still consider $45 June Puts. February 6th - Went up sharp with the market but holding below its updated stop loss criteria. Wait and see situation. February 5th - continued its beautiful drop and hit our first exit zone criteria. Closed right at support but looks likely to break through that tomorrow. Updating stop loss criteria to $46.87. $45 June Puts went up to $3.90 from $2.40. February 2nd (Executive Summary): Great drop today, looking great. Could consider $45 June Puts $2.40 February 1st - As discussed we considered an entry around opening price. It had a nice decline from entry Criteria. Looking good as short.
Chart:

LEG- Upward channel breakdown short from $49.87 to $45.13 by AcornWealthCorp on TradingView.com