RFP - Flag formation Long

3 Jan 2017

RFP is forming flag formation with nice positive Moneyflow divergence. Looking very good as long.


You can check detailed analysis on RFP in the trading room/ Executive summary link here-
youtube.com/watch?v=T2l8ndG-bzQ
Time Span- 5:20"
Trade Status: Pending

4 Jan 2017

Nota

Re-checked the trade & updating trade criteria.

Entry - $5.65
Target - $6.87

1 Feb 2017

Nota

January 30th- It was a strong down day, however it held above stoploss. Wait & see situation.
January 27th- Showing upward momentum, Looking good as long.
January 24th- Survived stoploss by small margin, not looking very good.
January 20th- Sudden sharp decline, but holding to stoploss.
January 19th- Consolidating around entry price, we still like as long.
January 13th- Still holding to EMA lines, and showing strength. Like as long til now.
January 9th- holding its flag well. Added a stop loss criteria at $5.21
January 3rd- Traded upward, hit into opening price & went up further. Looking good as long.