The VoSI VooDoo Report
Offbeat Ideas and Commentary from the Depths of Gil's Trading Notes
Another name I'm dabbling in this morning is Lumentum Holdings (LITE) as volume dries up to -45.3% below-average at the 10-dma. Stock is sitting just below the 20-dema, so a strong move above that line would be good to see.
Anybody pick up shares of WTW based on my VooDoo Report sent out Friday when it was showing voodoo volume at the 10-dma, 20-dema, and 50-dma??? Stock is up 12.98% as I write, apparently on news that Oprah, who is an owner, will run for President in 2018. Notice, however, that the set-up was there before the news, which is interesting.
VoSI VooDoo(TM) Report - Watch your Weight and LITEn Up at the Same Time
|8 Jan 2018 11:28 ET
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