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BabushkaTrader
Oct 23, 2014 5:03 PM

Long at balance extreme after earnings if it is an earnings win Long

Description

Resolute Forest Products is a good value stock that is trading at a balance extreme and has a cup and handle pattern.

It is held by Prem Watsa of Fairfax Financial.

I would look for trades on the long side after earnings if it is an earnings winner.
Comments
BabushkaTrader
New long position initiated.
BabushkaTrader
Position taken out on small profit.
BabushkaTrader
Moved stops to break even.
BabushkaTrader
Long position initiated
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