The one is ICE, and it is marginal, with average daily volume under a million shares. I hope to post an analysis prior to the closing bell. However, it may be delayed due to a scheduling conflict.
I next turned to the supplemental list of bear signals on highly liquid stocks. Unlike my regular prospects lists, the supplemental list ignores historical odds of a successful trade.
The single symbol on the supplemental, WAG, failed confirmation, having risen back within the 20-day price channel.
A full description of today's first-round analysis can be read here.
-- Tim Bovee, Portland, Oregon, July 9, 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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Based on a work at www.timbovee.com.
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