VCI – A potential long in a weak market…
VCI is set up in a buyable position as long as it is able to move above its most recent high points at 21.11 and 21.46 by 5 cents. As noted in the chart above, I would buy one-half my position as the price of VCI moves through the first pivot point at 21.11 and [...]
Favorable Risk/Reward Short Trade
GILD still has a decent risk/reward profile for an entry at the current price (Thursday’s close $45.78). Using a 1.50 point (-3.27%) stop-loss and a minimum profit target of +2.75 points (+6%), you have a 1.83R trade set-up here. I think over the intermediate to long term time frame the stock is potentially building a [...]
Trade And Investment in Africa: They Key To The Future
What Africa today is all because of more trade and investments. And what the world will be in the future is to be brought out by investments in Africa. The continent has been the solace of many crisis-stricken countries. Some turn to the Black Continent to fill the lack of supply on different resources, while [...]