Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned forward-looking statements/predictions and may be subject to change without notice.

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Wednesday, March 26, 2014

$BAC $PBR $VZ $AA $YHOO - Positional Trading Strategy - 26 Mar 2014

Bank of America Corporation 

Is a Sell as of weekly trend & monthly technicals likely to follow the weekly pattern and head south..
        Best Sell 17.32 - 17.64 Momentum target 16.68 & Positional Target 15.48 - 15.05 Intact!!
Now @ 17.21

Petrobras

Weekly Technical's suggests - steam left for upside - Hence its a Buy @ 11.98 target 12.48 - 12.62
Stops below 11.22
Now @ 12.11

Verizon Communications

Monthly Technicals - Firm Bearish , Sell above 47.40 or @ 47.82 for positional target 46.60 - 44.85 - 44.24 stops above 48.36 reversal target 49.36 - 49.98
Now @ 47.22

Alcoa

Monthly Bullish Trend Exhausted - Hence its a Sell from here @ 12.02 - 12.04 for positional target 11.10/10.90 Stops above 12.8
Now @ 12.02

Yahoo

It's a Firm Sell @ 37 - 38.50 below 35.50 target 34.45 - 34.22 later 33.20 ultimate target 30
Stops above 39.98
Now @ 35.93



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