We at Absolute Traders believe technical analysis can maximize returns in favorable markets and protect capital in unfavorable market climates.
The green triangle in our logo symbolizes change and fluidity in the market. The upward line connotes our capability to unravel trends in fluctuating markets to reel in profits.
It’s been since I looked at our local market’s chart. Nothing much is going on, just floating sideways. But that’s better than the market going down some more.
From this moment on, let us talk about stocks that we could buy for the long term. Stocks that we could accumulate at “cheap” prices and then sell [...]
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B - Buy
T - Target
S - Stop / Cut Loss
BE - Breakeven. Move stop / cut loss to your buying price.
TBD - To be determined.
Market - When buying, this is the opening price or better. When selling, this is the current price or better.
Wait - You wait.
Open - The trade recommendation is triggered. If you just read the status update and you are still not in the trade, you might be too late. In such cases we would recommend that you do not take it.
Cancelled - The trade idea or recommendation was cancelled.
Closed - Trade recommendations will be closed once the trade is exited
