Sunday, September 15, 2013

Stock pick analysis: LGF


Hi Traders,

Let us focus on this stock  LGF
















It is a stock with a lovely trend.
Notice how it is moving up smoothly.















Reasons for purchasing:

1. It formed a triangular wedge formation.

2. The DreamTai Stock Trading Software Power Ranking was greater than three, which implies that there was a large buying volume.


I purchased 50 shares  at 28.44
The stock is still moving up smoothly.

It is a beautiful trade.  I wish all my trades were like this. :-)