CNCSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
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Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
The System T is a comprehensive system which contains many components such as buy & sell signal generator, win & loss statistics, risk control & portfolio management to make sure trading is successful in the long run.
Basically, for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(*) Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
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DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
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- There are no guarantees or certainties in trading.
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Trade ideas
CNC Rejection Between 61 - 64 Critical For ReversalFurther price rejection(s) between 61 & 64 could see Centene Corporation Stock Price rally towards the upper trendline of the corrective bullish wedge (or above)...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
CNC Bullish Wedge• Falling wedge
• Bouncing at the 30dma, which has been significant in previous bull runs
• Been finding support at the +20% YOY level
• Put build as evidenced by the 50-day BTO P/C ratio at 1.03, in the 98th percentile
• Large open interest at the 65-strike call level expires this week
• Options are cheap – Equity VIX %Range in the 12th percentile
Setting stop below recent lows, target 1 - $75, target 2 - $80
CNC break out of small channel NYSE:CNC
All of the MAs are trending upward in ascending order with earnings out of the way. Strong fundamentals while its holding this small channel nicely. The previous 64.50 resistance level was turned into support. I'll be looking for an entry thru 69 if it is able to create some tighter price action for a proper exit point.
CNC: $72 Short, Fib, Choppiness Index + ConcernsFirst off, don't take anything I say seriously or at face value and imagine this being on opinion basis. That being said, let us look into Centene Corporation's stock. Conservatively, I believe a $72 short target is reasonable, and $75 could happen within a few weeks, but it may still be a bit of a stretch. Also, looking at the Choppiness index, I do see a positive wave breakout potential. Now something concerning, is Bernstein Liebhard LLP, the law firm, called for a CNC Shareholder investigation alert through a press release . Also, Centene's earnings call has alot of weight. Many expect it to be positive, which is why I think a modest increase is likely to happen. I'm not certain of a long position just yet. Many mathematical analysis methods and indicators do point to it passing the $90 threshold within a year or so. However, given market concerns, legal events and behavioral psychology could lead to false positives. If I got this stock, I would likely still hold it after the short call, but with caution. Lots of people though, may not be that risk averse.
CNC - WEEK CHARTHi, today we are going to talk about Centene Corp and its current landscape.
Centene Corp is poised to receive increasing attention from the market as relevant events are taking place. The healthcare company can be benefited from the implied move that Congress will repeal three key Obamacare aspects related to the health industry taxes as part of fiscal 2020 spending bills. News that can boost Centene Corp next year.
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CNC - Nearing Target levelCNC was in a descending channel since the beginning of June. The stock was able to break out on October 22nd. It has since tested the previous resistance line & continued its bullish move.
The two green dashed lines mark potential price targets at the 61.8% & 100% Fibonacci Extension levels. The stock price closed around the 61.8% level yesterday & popped this morning on the open. The price has been pulling back since nearing that 100% level.
$CNC ***Centene option buying signals massive moves***Centene is not a name that we have looked at before but highly unusual call option buying has got out attention. After announcing the Purchase of Wellcare the stock had a initial sell off but quickly found buyers interest. This is a huge growth story in and is on Goldman Sacks growth stocks buy list.
What s wrong with CNC ?So , CNC is one of the strongest company in Health Care sector . PE-26,6 ; EPS Q\Q - 142% ; Sales Q\Q -12,5% ; ROE -15% ; no debt , Zacks VGM -A , last realy bad report was in 2016 and statistically it was one negative on twenty two positive ! Yahoo finance recomended raring 2.1 with average target price 140 ! IBD say - CNC is a group leader ship with composite rating 94 !Piartosky skore is 6 , z-score 3,3 ; m-skore is -2,6 . Real money rating is A! Sales 14,2 it is beter than expected 13,9 . Actual report is beter than expected ! CNC Short flot was 4,2 . Barchart rating is strong buy with 96 % positive options ! Total bulls trend ! Whats wrong with Centene Corporation ?






















