Created on 3/11/2018 Sunday
Fundamental:
- Increasing importance and demand for Internet Security as more businesses and consumers move their transactions online
- Solid management & turn-around story
Technical:
- Trending up.
- Noted on the chart.
&
- NASDAQ shown to continue it's uptrend.
- Investor sentiment bearish. Overall market does not seem heated....
Added positions in China as I see strength in growing middle class/consumers.
- More attractive valuation than those in US.
- I believe there is more credibility in investing in China's blue-chips. I expect foreign institution $ to flow back to China.
- I am focusing on purchasing best companies in China in technology space.
- I like internet of things and I...
I use Tradingview to record my trades to test my analysis.
For notes only. This is not recommendation.
ADX increasing slope
DI>DI- increasing
MACD above centerline
2/27 stock plumet with earning release but with MACD Histo in + showing bull divergence
Risk/Concern:
- Late entry. Entry post value zone and @ +ATR(3)
However with trending indicators,...
THIS IS FOR NOTE TAKING PURPOSE ONLY.
MCD fell sharply on 2/5 following soft forward guidance. Price guidance still at 170.
DAILY Chart:
- Formed bottom on 3/5. Price @ all time low @ 146.84, MACD Histogram @ -.6560 compared to 2/5 where price fell to $153.86, MACD Histo @ -1.2298 =>Bull Divergence
- 3/9: MA(4) cross-over MA(9) , MACD HISTP Crossed...
