See chart. The break of the trendline happened a while ago, but I stumbled just now on this chart. Too late to buy exactly the correction resp. the re-test of the breakout level, but in any case this setup could work. Good trades, folks!
The PEAD projected a Bullish outlook for $CPT after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
The PEAD projected a Neutral outlook for $CPT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
CPT takes back 10 and 21 ema but on lower volumes and weaker closing range , cautiously longing with a tight stop . Might have to re-enter a few times with my tight stops .. Has not done this often in last year and its an institution fave so I think its worth a shot .
Long at 147.05 vs 143.99
We see a long trend over the past few months. However, we see we are approaching the low of the bullish channel, which indicates we should move higher in the coming days.
Another nice (hopefully) steady stock up 35% so far this year. It is toward the top of its 90 day channel with an RSI just under 70 so might be some pullback, but if it continues to climb over the next couple of days could be worth a watch.
Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management,...
An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below:
Price is likely to fluctuate within parallel channel's boundaries.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past...
