Browsing: Diagonal Triangle

As kids, we have heard fables of how our poor young hero saw a gleaming diamond on his way to…

We got the break in the index as anticipated, and the recovery looks good too. Be alert for a failure…

On 1st April, when the S&P500 index was at 797, I suggested that we will get  a move to just short…

If my analysis of S&P500 (and Nasdaq) suggest that we will get a 5th wave move down, then how can I recommend buying Citi from $11.54? This is a valid question, and any good analyst should have thought that through. What I did, instead, was to look at the index and the stock separately.

I hope you took profits on Citi above $14.50, locking in a 25% gain. I suspect that the current decline will be the final push, the catharsis! (Here is your chance to click on this word and check its meaning!). Unlike the previous trade, we should aim to hold the stock for longer