Thursday, April 27, 2017

Federal Int: Uptrend intact, system picked up something.... price 0.47

One of my clients asked me if this counter can have more upside.

From the chart, it actually looks pretty good with uptrend still looking ideal over the past 3 months. I did not really follow this counter due to its liquidity.

When I saw the system, realized that we actually had some bullish signals, a 1ET BULLISH ENTRY signal on 13 Feb 2017. But there was an exit for that already this month.

The thing is, we had another bullish signal last week, and up it went over the past few days….

So to 0.60 now?

Let’s see how it plays out. Congrats to PTI grads who managed to catch this and rode.

Your call. J

For illustration purpose only

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