MTRX formed a nice fallen angel formation. It been scooping up nicely & now just breaking out its SMA20. We think it has good upside potential from here.
* Trade Criteria * Date First Found- June 8, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $8.73 Exit Target Criteria- $11.87 Stop Loss Criteria- $7.96
Please check back for Trade updates. (Note: Trade update is little delayed here.)