Its chart shows the potential of a double top formation.
This Trade Could Double Your Money in 3 Months
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It’s my “Option Trade of the Day”.
Trade This Stock’s Move for a 75% Return in Two Months
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It’s current pattern looks very similar to the pattern we saw in late June when it returned 20%-plus over two months.
Trade This Bullish Stock for a 75% Return in 6 Weeks
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Yesterday it popped above its 50 day moving average and the stochastic indicators moved out of oversold territory and made a bullish crossover.
This Stock Could Double Your Money in 6 Weeks
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The stochastic indicators made a bearish crossover from overbought territory. In three previous instances this was a really good signal for a downward move. I expect the same thing this time around.
This Bullish Healthcare Trade Targets a 75% Return in 10 Weeks
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It’s my “Option Trade of the Day”.
Trade This Stocks Drop for 75% Returns by mid-November
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The last three instances where the stock was in overbought territory and made a bearish crossover (like this past Friday), the stock has dropped significantly in the following weeks.
Trade This Stock’s Drop for a 75% Return in Seven Weeks
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In two previous occasions this year the RSI and the stochastics were in overbought territory, like now. In both instances the stock dropped.
Trade This Stock’s Drop for a 75% Return by mid-November
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It looks like a possible head and shoulders pattern is forming. For the pattern to be confirmed, the stock will have to drop to the $82 area.
Trade This Stock’s Drop for a 75% Return in Seven Weeks
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We could be looking at a double-top formation here. If the stock moves below the 50-day moving average we could see the selling accelerate.