One of my favorite things to do is to look at charts and chart patterns. The pattern I'll be showing you today, I've seen a thousand times before. What I like about this pattern is that it is very reliable.
I am going to share with you a stock that no one is talking about and is probably not on anyone's radar at the moment. It has a similar analysis and pattern to Apple stock, but before Apple had its big up move.
Now I have to admit, this stock may not be as appealing as Apple, however it is a big, well-known stock. You will recognize the name immediately when you watch the video.
I had put this stock in my portfolio a while back and had almost forgotten about it, when it popped up in the little chart box on my personal MarketClub homepage. The chart pattern of this stock immediately caught my eye and demanded more analysis on my part.
See if you agree with my analysis. If you have a different view on this stock or think you see something that I have missed, please feel free to leave a comment. Buying or selling, agreeing or disagreeing, that is what makes a market.
All the best,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
The mystery stock just popped up yesterday on my Triangle Report with a green monthly.
Mike
Thanks for sharing that Mike, glad you were watching.
Best,
Jeremy
I have found that whenever I even think of buying AA, or do buy it, it always goes down. That's the most consistency of any stock I know.
Dan,
Thanks for your feedback.
I like the way this stock is setting up but it is not there yet. I want to be patient and wait until my trigger point is hit before I get overly enthusiastic.
Thanks for your feedback and all the best,
Adam
Adam Hewison
President, INO.com
However low it is, AA always goes down, that's almost a theorem.
Dan,
See my comment above.
Thanks,
Adam