ERJ is in a decreasing channel over the last several months and is experiencing a slight pull back. I believe it will resume its trek downward. (more…)
NAV, short, downtrend
NAV is at the top of a decreasing channel. Equity summary score with well known company is very bearish on the stock (again, this is my beginning attempts at looking at fundamentals to improve my picks). Normally I look for a stock that is range bound and not in a trend. Initial stop at 25.43.