Wednesday, March 5, 2014
When I "plan a trade" I tend to look at the following ;
1) What basic moving average "sticks" to that stock
2) How long has the "trend or channel pattern lasted"
3) Facing a pattern reversal ?
4) Levels, what are the key levels
5) Gut feeling ... Yes, you need it
Blue arrows show what I consider to be the next probable scenario.
Put options linked to that light green arrow or to the 100 SMA level ?
How many weeks/months do I need to be sure to end up deep in the money ?
Tuesday, March 4, 2014
Saturday, March 1, 2014
Tuesday, February 25, 2014
Sunday, February 23, 2014
Saturday, February 22, 2014
Tuesday, February 11, 2014
Sunday, February 9, 2014
Wednesday, February 5, 2014
Reasons why I would NOT short NUS ;
While the chart pattern, and latest news look quite obvious, one should always
look at key fundamentals before shorting.
Market Cap : 4.4B
Revenue : 2.75B
PE : 15
ROE : 46% !
Now go check out Tesla (TSLA) fundamentals ...
Conclusion : Chart patterns, volume, key events are not enough to decide on wether
you should short or not. Focus on very high abnormal fundamentals !!!
If/When the market pulls back, hope to buy NUS at the LT support level (see chart)