In a surprising move, Macy’s ( VIE:MACY ) has announced the appointment of two new independent directors, Richard Clark and Richard Markee, while simultaneously continuing discussions with Arkhouse and Brigade regarding a potential acquisition deal. The reshuffle also sees Tony Spring, Macy’s CEO, taking on the additional role of chairman.
Richard Clark, a...
The price fall has done now and it is going to move up now.
As you see in the chart ,its down is over as shown by the arrow mark.
The upmove is started and it will continue .
We notice that we are in the process of an upward correction, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buy,
The second trade in the £800 to £1 million challenge is a short on Vienna Exchange Stock Zumtobel. In my first post, i highlighted that during the challenge i will be using Put Options to go Short. There are 2 reasons for this. Firstly i love Options Trading and secondly i feel more comfortable with a maximum loss. Buying a Put Option allows me to firstly reduce...
CHXEUR:RBIV
The trend brocke out the short term channel to the upside so there is potential for a run to 34€. Downside risk is limited - SL is at 27,9€ (Reward/Risk about 2). Strong close today confirmed short term uptrend.
