RE: Investor Method Watchlist
(2014-12-31, 01:08 AM)anupam384 Wrote: Here's one for the watch list. THLD. I started my position at 3.11 and will see if its worth adding to my position. Have a great new year all.
Hi anupam384, THLD is in Stage 4, and under heavy resistance from the range it broke down from, and so in terms of the method, I can't recommend it for the investor method watchlist yet, as it's breaks our rules and would need to recover into at least Stage 1 before it could be considered.
I don't mean this to discourage you with your already open position, and wish you good luck with it, but I need to highlight that it wouldn't be a recommended position for any new people trying to learn the method and it's main entry points as it's still in Stage 4. Whereas the investor method initial entry point is at the Stage 2A breakout point.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.