COST was one of three symbols in my analytical universe that have survived this far. The other two, also bull, signals have stumbled, however.
ULTA failed confirmation, and RTN, although confirming its signal, has an insufficiently bullish chart to justify a trade.
In addition to COST, a second symbol on my innovators list, DEO, made it past the early analysis but failed confirmation.
-- Tim Bovee, Portland, Oregon, Oct. 30, 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. My very short term volatility trading rules 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
All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at www.timbovee.com.
Post a Comment