Professor’s Comments Update August 20, 2013

Posted by professor  at August 20th, 2013

One of the stocks I’m watching today is Royal Caribbean, RCL.

The stock is currently on the MWL, in an uptrend, with positive PT indicators, and pulled back yesterday to become oversold.

So it qualifies as a Rifle Trade on the 60s.

You know that I love RCL  It’s one of my favorite Boomer stocks.  But the main reason I’m watching RCL today is that I have two cruises scheduled that need to be paid for.

That’s why I’m watching it on the 60s :>)

TWID,

h

BTW, there are a lot of stocks like RCL now.  You might want to look at your favorite.

Not sure of the terminology we use? Check out these articles

The Hockey Stick Pattern
The Creation of Waves and Trends
FAQ

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