There has been a recent rash of blow offs among fast-growing or turnaround stocks in the apparel industry. A blow off can be described as a three-step technical signal that indicates a short term top. The first stage is a parabolic rise in price that can last from a few months to a few weeks. The . . .
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People are buying homes. WAC provides financing for buyers. Over the next few months, I believe companies like WAC will reach higher price points. Currently, WAC has good support between 25 and 30. You might be able to pick it up somewhere on the low side of that range.
WAC is showing a classic MACD . . .
Hello traders! I am fixing to take a long position on ANFI – Amira Nature Foods Ltd. This is a company I can believe in. Who doesn’t like the fine Indian, Basmati rice?
To view links in this post, highlight the URL, right click, select open in new tab, left click. (thanks for putting up with . . .
KNDI has a robotic electric car renting machine in China. KNDI makes the cars too. This is like the Japanese double deck parking lots on steroids. They are in a good position to take advantage of Govt. subsidy of the electric car industry in China. Recently Tesla inked a deal with China Unicom, . . .
oil is at 94.7 can it get any higher, or will it drop. If it drops why?
An earlier post mentioned RDX. I continue to be interested in this company. There is an inverse head and shoulders pattern, combined with a bull flag. Unfortunately, the price point suffered a “break down.” My guess is that traders were taking profits. Now there is a lower low below the 50 day . . .