This is an idea that came from the scan I ran over the weekend.
Here's the scan itself on COH
The set up is in yellow and the trigger is in red, a break of the 50 day moving average probably makes for a good entry, but it is best broken and holding on the close. If you are interested in the trade, email me for more details. The last swing entry produced a nice gain from $69 to $46.50.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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