(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:
Cedar Fair (NYSE:FUN), the amusement park operator, was recommended at $24.20 on January 19, 2012. Shares had formed a bullish “cup and handle” and an upside price move was imminent. On February 13, 2012, the position was closed at $27.66, for a solid return of 14.25%.
Belden (NYSE:BDC), the industrial parts connector, was recommended at $34.42 on August 16, 2012. Shares had formed a bullish “flag” and higher prices were expected for the issue. The position was closed on September 7, 2012 at $38.30 for a gain of 11.3%.
On July 27, 2012, Humana (NYSE:HUM), the health insurance giant, was recommended as a bearish position. Rather than recommending the stock directly, Tradista recommended a Put option on HUM. An August $70 put recommended on the issue at $3.30, the position was closed four days later at $9.00 for a gain of 172.3%.
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.
For a current list of Tradista recommendations, performance and holdings, please refer to http://tradista.com/Information/PhilosophyAndPerformance
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