12:50 p.m. New York time
IYR gave a buy signal today on the Directional Movement Indicator (DMI) today, and I have added the symbol to my managed shares portfolio for $99.44 a share. The DMI Stochastic Extreme indicator was at 29.9 at purchase, above oversold territory (10 and below) and rising.
I still have two empty slots in the portfolio in the wake of the broad market declines earlier in the week.
|sym||slot #||entry $/share||sector|
By Tim Bovee, Portland, Oregon, August 16, 2019
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.
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Based on a work at www.timbovee.com.