RE: Watchlist - Traders method
I had a look through the list of early breakdowns today in the NYSE, and NVR and BAP caught my attention for potential trader method candidates in the near future. Both are making potential head and shoulders Stage 3 tops with relative performance breakdowns below the zero line in the last month. Price has rolled over below a declining 10 week MA on both, but the 30 week MA is still rising, and they are both above their 200 day MA still and have also have price support close below still. So I'd put both in Stage 3/3B as any breakdown into Stage 4A would be an early one, and hence why I think they would more suitable for the trader method currently.
NVR
BAP
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.