Medium Term Buy today on TransEnterix Inc. (TRXC).
Markets will Close early on Friday at 1:00pm EST.
Markets are up slightly today on low Holiday Volume. Most Indices are on Highs today, but are in the Red Zones (probably too late to the Short Term).
The Institutions could take profits next week, as small Investors tend to over buy from “feel good” Emotions.
Avoid Buying Investments on pull-back, that have not made new High this week. WAIT for the Leaders to return to their Green Zone for Money Wave Buys..
Crude Oil is up today at $58.90/ barrel.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
TRXC TRANSENTERIX INC. Medium Term Buy today. Place Sell Stop Loss below the Red Line of $2.28 on the Close.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are still Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY NONE TODAY
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 % move in a few days. We will “Not Log” trades if the Reward/Risk is not at least 2:1.