It’s never easy investing in stocks that have recently been downgraded, ignored and drastically sold off by shareholders. Most traders question their entry point and, when the stock explodes, subsequently hate themselves for not trusting their instincts. For as long as I can remember, I have always had great success trading these beaten-down stocks. I [...]
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Filed under: Trading Tutorials
Below you will find a chart of QI, the German memory chip maker. The recent downward momentum has been shortened in the downtrend, and I’m looking for buyers to find support around $15 – the price where the last downtrend was broken. If the share price holds above the $15 price level, look for an [...]
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Filed under: Technical Research
Amid recent conflicts (union contracts) at their Pennsylvania plant, Harley Davidson (HOG) shares have been under heavy selling pressure in recent sessions. Workers overwhelmingly rejected the company’s three and five-year contract proposals, and officially went on strike this past Friday. Analysts expect the strike to have a rather large impact on earnings, costing the company [...]
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Filed under: Fundamental Research, Time To Sell