I have entered a shares position on TLND, which publishes earnings on Feb. 18 after the closing bell. It is a down day on the S&P 500 and other blue chip index, and while my prospective share trades continued to show uptrends on the daily chart, on the more sensitive 8-hour chart only TLND continued to be uptrending.
TLND fell along with the broad market on Feb. 2, moving to a downtrend as measured by Fisher Transform. I exited based on the signal.
| sym | entry | exit | result (%) | annualized (%) | entry date | exit date |
| TLND | 37.97 | 37.84 | 0.3% | -42% | 1/30 | 2/2 |
By Tim Bovee, Portland, Oregon, Jan. 30, 2018
Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.
License
All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at www.timbovee.com.
[…] have entered a shares position on TLND, which is uptrending on the Fisher Transform metric both on the daily chart and the more sensitive […]
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[…] TLND moved to a downtrend as measured by the Fisher Transform, and I exited my shares position. […]
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