Of the other bear signals, GPS failed confirmation and CONN has an insufficiently bearish chart at first glance.
Both bull signals were confirmed but lack upward momentum.
A full description of the first round of analysis may be found in "Monday's Prospects", posted over the weekend.
-- Tim Bovee, Portland, Oregon, July 14, 2014
My shorter-term trading rules can be read here. My longer-term 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.License
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