Wednesday, November 26, 2014

Wednesday's Finalist: GXP

GXP was the sole symbol to survive the early rounds of analysis on the last day before the Thanksgiving Day holiday. (See "Wednesday's Prospects" for a description of the early analysis.)

It has negated its bear signal today by rising back within its 20-day price channel, thereby failing confirmation.

I plan no further analysis today and no  trades based on Tuesday's markets.

-- Tim Bovee, Portland, Oregon, Nov. 26, 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.

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