Wednesday, November 5, 2014

Wednesday's Finalists: None

The three symbols surviving the early rounds of analysis after Tuesday's closing bell are all bull signals. (See "Wednesday's Prospects".)

Two, R and AXS, have charts that are on the bearish side, disqualifying them from further consideration.

The one bullish chart, HAWK, failed confirmation by dropping back within its 20-day price channel.

There's nothing to trade from this batch, and I'll be spending my day on longer-term study and projects.

-- Tim Bovee, Portland, Oregon, Nov. 5, 2014

References

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


Disclaimer
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

Creative Commons 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.

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