Peter Lynch will like this stock!
One of the famous value investor will like this security. It behaves so cyclically as expected since July 1996.
1. Price action: the tops are about 7 years apart, and i would expect the next top and highlighted euphoric moment around 1Q of 2015 or faster, (i may be wrong)
2. Pattern: This is a long term downtrend channel and yet an even longer term bullish flag (as drawn in the projection in price)
3. Major Trendline: Sell fully once the price close below a break of the latest uptrend line. (And when MACD showing a dead cross)
1. Price action: the tops are about 7 years apart, and i would expect the next top and highlighted euphoric moment around 1Q of 2015 or faster, (i may be wrong)
2. Pattern: This is a long term downtrend channel and yet an even longer term bullish flag (as drawn in the projection in price)
3. Major Trendline: Sell fully once the price close below a break of the latest uptrend line. (And when MACD showing a dead cross)
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.