I ran a bracket on the remaining symbols. The finalists were the large-cap issue HUM, the small cap PVA and the large cap bear signal ABX.
I selected the
PVA is on an uptrend within a downtrend, and ABX appears to be working its way through an ascending triangle since last July.
HUM's chart is an uptrend within an uptrend. I'll post my write up prior to the closing bell.
My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.
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 decisions for his or her own account, and take responsibility for the consequences.