Friday, August 12, 2011

Trade Idea CUK (long)

I love charts like this with nice, clean and consistent signals. There's almost certainly inside information being traded here which gives us an edge on a piggy=back trade.

 A very clean transition in MACD, RS and the 50-bar m.a.

 The 3C 60 min signals have been very clear and effective.

And my crossover screen has been flawless-both short and now long. I'd expect a pullback to the $30 area at which point I would give CUK serious consideration.

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