On November 22, 2008, In Featured, Stock Picks & Tips, by Steve Warshaw
On Tuesday, November 10th, I recommended comcast as a hot stock pick on the short side. The trade was opened at $16.65, and yesterday, November 21st, my profit target of $13.17 was hit, closing the trade. $3.48 per share or 21% profit in 11 days, not too shabby! Here’s how the trade played out: If You Like [...]
On November 11, 2008, In Stock Picks & Tips, Technical Analysis, by Steve Warshaw
In the process of creating videos for my new eBook, I came across a killer short pick: Comcast. Technical Analysis The first thing I noticed about the daily chart is that today formed a very large bearish engulfing candlestick pattern. Second is that there is huge divergence with the Accumulation / Distribution indicator. Third, there is significant [...]
