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.
Relevant Updates:
* Trade Criteria *
Date First Found- March 7, 2018
Pattern/Why- Fallen angel Pattern
Entry Criteria- Break of $8.03 (Hit March 8, 2018)
Exit Criteria- 1st Target $9.36; 2nd Target- Momentum
Stop Loss Criteria- $7.46
Indicator Notes- Very strong Twiggs money flow
Special Note- Lots of insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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