The screens continue to produce slim pickings. I’m adding just 3 buys and no shorts to the list this week. Including these new picks, that will leave just one short and 4 buys on the list for this week. Non-subscribers click here for access.
Technical Trader subscribers click here to download the complete report.
All 5 picks on the list to start the week last week were winners, including 2 that hit trailing stops. Including picks still open at the end of the week, plus those stopped out during the week, the average gain last week was 7.8% on an average holding period of 21 calendar days. This is down from 17.1% last week on an average holding period of 35 calendar days.
Past performance does not suggest future results.
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The strategy and tactics opinions expressed in this report illustrate one particular approach to trading. No representation is made that it is the best approach, or even suitable for any particular investor. This is a developmental and experimental exercise, for the purpose of providing experienced chart traders with ideas and concepts to use or not use as they see fit.
Nothing in this report is meant as individual investment advice and you should not construe it as such. These picks are illustrative and theoretical.
This public report is not the full report. Only subscribers have access to the full report and regular tracking of the theoretical picks and closeouts made in the reports. Non-subscribers click here for access.
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