Monday, March 13, 2017

3/11/2017: new stock pick

This week my system generate buy signals on quite a few stocks. Here I am analyzing one. It is Polaris (PII). Following are some technical characters:
  • all weekly technical indicators are positive
    • MACD, PMO, RSI,CCI, STO 
  • the down trend line broke out and successfully back tested
  • box [70,90] is ready to be broken out
  • Resistance level 100, 200 weeks MA: 112. 



In Summary, buy entry: 88.5~89, upside target: 1. $100, 2. $110~$112

My personal opinion is not for investment purpose, but for education and illustration
 

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