Equity Oracle: 08/31/2012

It’s hard to find a buy candidate when you are expecting a pullback in the general market but this is one that is showing enough positive signals to warrant a long position in the stock. The price action on Thursday closed with a bullish engulfing pattern on strong volume which suggests the buyers are moving in. This bullish engulfing pattern also showed up on a key role reversal support line which makes even more attractive.

Watch this week’s video »

To gain access to the PDF download and video, sign up for an Equity Oracle Subscription!

About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

No comments yet.

Leave a Reply