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.)