Wednesday, August 23, 2017

Best and worst trades - August 2017

Markets had some pullbacks in August and this has ended some long trending moves in a number of stocks. Reversal levels aim to get us into good trending moves and then get us out before the profits disappear. That's what we keep doing.

In July Puma Biotechnology PBYI was at the top of our list. That move has ended with a great profit and Autohome ATHM has taken over the first spot. The Buy signal was given on 21st April when ATHM could be picked up at $32.11. It now trades at $66.26 for a 106.3% gain in 86 days.
Green Dot GDOT has moved into second place with an 97% gain in 159 days and Alibaba Group BABA comes third with a 89% gain in 159 days. Those moves are not finished, stocks are held until their next Sell signal (or Buy signal for a short position).

The current worst trades are short EFII (-19%), followed by short TESO (-14%) and long SEM (-10%). Always keeping losses small.

You can see all our current signals by downloading today's reversal level file (free): https://www.dropbox.com/s/j5jku8ju6o5i4ab/RL_20170823.html?dl=1
(Html file. Download before opening in any good desktop or mobile browser.)

This is our current top 20:

And our bottom 20:

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