(This post was last modified: 2014-03-05, 03:29 PM by gbarbs.)
RE: Watchlist - Traders method
Here's a few charts from the same sector. I have posted 2 different charts for KKPNY. I think this issue has come up on here before about adjusted and non-adjusted charts for special dividends, etc. Weinsteing I think said to use the adjusted figures in the Q&A.
I am not sure which one is adjusted though and which one is non-adjusted. Maybe isa you or someone can help?
Aside from that these are telecommunications stocks. A quick check of ETF's such as XTL, and IST look like stage 2. When looking within the group my brokerage puts together I come up with:
Stage 1 19
Stage 2 20
Stage 3 12
Stage 4 5
This is good enough for me. The 3 of interest to me are KKPNY, ETAK, and HTCO. HTCO looks like a safe entry and is at a 10 year high. But the volume on KKPNY is very high, the RS looks exceptional, and it is still early. The question I have on that one is the difference in the two charts???