Thursday, October 17, 2013

Thursday's Outcomes: WAG, TGT, BBY

I've opened a bull position in WAG and updated today's analysis. See "WAG: A drugstore bull play".

TGT moved above its 10-day price channel, signalling that my bear position should be closed. See a discussion in my analysis update to "TGT: Dueling chart interpretations".

I've removed BBY from my Watchlist due to major chart weirdness. I've updated my analysis with a discussion. See "BBY: How high is high?".

References

My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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