Update: As we noted to members, PCLN had a pocket pivot two days ago. It is now breaking out of its flat base on appreciable volume.
Most of the other pockets we have mentioned in recent reports are trading higher and thus out of buying range such as ARMH, APKT, LEA, VMW, MIPS, SMSI, and CAVM. Out of regard and respect to our members, we will not mention the stocks that are still in buying range.
It is best now to sit with the profit cushion and ride the trend. Remember, it's a numbers game so even in the best markets, top investors such as Bill O'Neil had 50% success rates at best. Thus, maintaining or adding to winning positions and cutting losing positions are both critical. Our ongoing reports sent out in real-time teach both aspects of managing one's positions, and our growing FAQ section which is available to both members and non-members can be searched by keywords such as 'pyramiding' or 'sell stops' for further study.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.