At least that has been my experience over the last few weeks. SIMO tested the SMA 50, which was noted as a buying opp. in NFTRH+ (with a ‘stop’ below it). Now it’s channel busting up. Yay me! But INTC dropped on the same day (now recovering to re-take the ‘Handle’). I hold both of these Semis. Before that, EW launched on earnings but BABY … Continue reading It’s the 1.5 Steps Forward, 1 Step Back Market
I am not someone who is going to tout the good stuff and sidestep the bad stuff. I highlight (and often take) some very good trades and I also offer up some that turn out to be clunkers. The key is in killing the clunkers if they violate their trade parameters. Here are 3 items featured over the last several weeks in NFTRH+, with the … Continue reading KBH, DVA & RXN: 3 Bull Patterns, Only 1 on Way to Target
In the original update we noted… DVA could be making a little bear flag currently but a test of the SMA 200 and/or the support line or even the rising SMA 50 could be a buying opportunity. Here is the updated daily chart testing the SMA 200, after breaking down from the flag. And the weekly settling to the top of the bullish looking pattern. … Continue reading NFTRH+; Re: DVA Chart Setup Noted 3.13.17
I keep a list of Warren Buffett’s Berkshire Hathaway holdings for reference. I’d already long-since bought IBM but was pleased to see it on the list. Current holding VRSN, which we’ve charted in the weekly report, is there too. It is not a legitimate investment strategy to simply be long what a legendary investor is long. But I’ve used it as a starting point for … Continue reading NFTRH+; DVA Chart Setup
