Friday, August 10, 2012

ChartLabPro.com algorithm

http://www.minyanville.com/trading-and-investing/stocks/articles/IVZ-CSC-WIN-MNST-PCLNmalgorithm-technical/8/10/2012/id/43079?camp=syndication&medium=portals&from=yahoo

MINYANVILLE ORIGINAL Prepared for Minyanville, ChartLabPro buys for August 9 include Invesco (IVZ), Computer Sciences Corporation (CSC), and International Flavors & Fragrances (IFF). Sells include Windstream Corporation (WIN), Monster Beverage Corporation (MNST), and Priceline (PCLN).

ChartLabPro.com’s proprietary buy/sell algorithm has issued the following alerts for August 9. Ratings are as follows; 1 Strong Sell, 2 Sell, 3 Hold, 4 Buy, and 5 Strong Buy.

ChartLabPro.com algorithm has been in use for 13 years combining both statistical and technical analysis.

The algo uses over 200 indicators that are bucket into 10 silos and updated at the market close.

These rating changes are best utilized for swing trades to longer duration trades. The ideal long alert would be a 4 (Buy) to a 5 (Strong Buy) rating.

Read more: http://www.minyanville.com/trading-and-investing/stocks/articles/IVZ-CSC-WIN-MNST-PCLNmalgorithm-technical/8/10/2012/id/43079#ixzz239nqX9N9

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