(Austin, Texas). A stock chart is more than a history of price versus time. It could explain the psychology of investors in that stock, company related events, and much more. An experienced and seasoned investor can look at a stock chart, and with certain accuracy, predict how the price would behave in the future. In fact, many of the large Wall Street firms have dedicated groups of individuals that make a nice living by studying stock charts. Tradista also has chart readers who share their knowledge with its readers. Based on chart patters, Tradista recently made the following suggestions:
On March 27, 2012, Select Comfort (NASDAQ:SCSS), the bedding concern, was recommended at $32.00. Shares had formed a bullish "flag" and were consolidating in that formation. On April 18, 2012, the position was closed at $35.21, after shares broke out of the formation for a solid gain of 11%.
On March 28, 2012, American International Group (NYSE:AIG), the insurance giant, was recommended at $29.51. Shares had formed a bullish "flag" and were consolidating in that formation. On April 4, 2012, the position was closed at $32.46, after shares broke out of the formation for a solid gain of 10.2%
Do all of our recommendations have these kinds of returns? The answer is no but most of them do. So do your portfolio a favor and visit our web site. You will be surprised to see how easy we have made it.
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