(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:
An October $45/56 Call Spread option was recommended on Las Vegas Sands (NYSE: LVS), the casino operator, at $0.25 on August 27. At the time, the stock was trading at $42.08. LVS chart had formed a “double bottom” and Tradista chart readers predicted higher prices for the stock. On September 25, price hit $46.00, pushing the value of the recommended put spread option to $0.77. The position was closed with a solid return of 208%. See http://www.tradista.com/Picks/OptionPickDetail?optionPickId=61 for details of the selection.
Other recent stocks recommended include: Ellie Mae (NYSE: ELLI) recommended on August 13, for a 13.8% gain in four days; Foot Locker (NYSE: FL) September $35 Call Option recommended on August 30 for a solid gain of 141.7%, and Nike (NYSE: NKE) September $97.5/$100 call spread recommended on August 23, 2012 for an amazing return of 220% in 14 days. See http://tradista.com/Picks/StockPickDetail?stockPickId=57 for details of the selection.
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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