DRYS, CLF, EME long analysis

My rules allow me to enter on a piercing line candle formation, today we saw quite a few. These three also stocks met the 2:1 risk to reward ratio and moved the highest percentage in my watch list.

Many would know DRYS was once a $120+ stock during the commodities bubble.
Now after a steep decline, it completed a double bottom, pulled back and on the uptred.



CLF, a favorite of mine, also suffered from the steep decline, it formed a higher high and higher low already.



Finally EME, similar pattern as CLF.



shorts:
longs: DRYS, CLF, EME

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