BATS:GOOG   Alphabet Inc (Google) Class C
367 1 0
Target & Google            

These two stocks have mirrored each other for 7 years so far with just a few instances where GOOG             outperformed and then corrected sharply back down to TGT             .

This time, I'll imagine that TGT             can ramp up to catch UP to GOOG             .

Therefore, buy TGT             and sell short GOOG             each day for the next 5 days. Build the position slowly as GOOG             has strong price momentum.

Cheers.

Tim Feb 1, 2013 2:50PM EST
TGT             61.20 +0.79
GOOG             772.26 +16.57
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
So far, TGT is up over 2% and GOOG is up less, giving this trade a slight profit so far. This is only 0.5% profit over 10 days, which is roughly 1/25th of a trading year or 12.5% annualized type of return. Not bad for taking less than normal "market risk". The average closing price for 5 days after the recommendation (suggested entry technique) will follow.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out