Category: Stocks

From Sports to Stock Trading: Can it be done?

If you are familiar with sports trading and like to trade sports events like tennis tournaments or horse races, you’ll have no trouble getting accustomed with the whereabouts of stock trading. Especially if your trading is based on chart analysis and you have been using software that utilizes a ladder, you will quickly make the…

Meet Facebook stock’s best friend: The 200-day moving average!

Despite the fact that Facebook (NASDAQ:FB) IPO was just a year ago, Facebook stock price has already bounced off the 200-day moving average at least 5 times! Perhaps it’s time to bounce once again? 5 dates Facebook stock price respected the 200-day moving average July 20, 2012: The downtrend has already begun, 2 months since…

Piraeus Bank: Stock reaction on news of taking over banks of Cyprus

When news about Piraeus bank set to take over Greek units of Laiki and Bank of Cyprus made the headlines this morning, the bank’s stock was trading for 20c per share. In the last three hours of trading at the Greek stock market Piraeus bank shares surged up to 24.4c before completing their last trade…

Should I buy Apple stock?

I hear you asking: Should I buy Apple stock now or wait for the price to come down? In fact Apple share price has already dropped significantly since the all-time high of $700. Apple stock was trading yesterday for about $430 a share. Thus, some traders might consider that price tag somewhat cheap for an…

Short sell stock picks: Transocean and Cohen & Steers

An international provider of contract drilling services, Transocean, and an investment management firm, Cohen & Steers, are the two stocks that the Three Line Price Break trading system is advising to sell short. Transocean share price dropped 5.13% on Friday, setting the RIG stock as the biggest loser of the day in the Oil Well…

Three Line Price Break stock pick: Coherent (COHR)

Since picking Dolby and Arch Capital stocks for long trades, today Three Line Price Break trading system suggests short-selling Coherent stock in case COHR shares trade below yesterday’s low at $52.57. The signal includes a red candle printing a new 4-day low, following three green successive candles in the box chart. If the signal is…

Three Line Price Break stock picks: DLB, ACGL

Dolby Laboratories stock had already formed a three line price break prior to Tuesday’s trading session at the US stock market. As the DLB share price overcame the previous high, an entry for a long entry was recommended according to the trading system we discussed yesterday. The new high printed in the first 5 minutes…