NVTL was an easy stock to go long as it blasted out of a flat and quiet base on huge volume and huge max green BOP. This was a great long and didn’t take long to make investors wealthy as the stock gained 297% in three months and four days. It was an easy one to pick up and if you see the price action the next day you will see it was an easy one to sell into the gains. Another perfect breakout/bounce from the 2003-2004 bull market.
the buy:
the second buy:
the first big sell:
the top:
Russell 2000 Escapes with Gains as the Market Finishes well off its Lows of the Session
It all began in Japan where the Nikkei hit an all-time high only to end its day lower down by more than 7%. Selling swept the globe where Europe was hit hard, but it was the United States market to see some resiliency. A better than expected Jobless Claims figure did help the mood, but [...]