As we move through March 2013, February profit taking across most markets appears to have slowed. Despite this profit taking a variety of stocks across the ASX200 and S&P500 show strong signs of trending up. I have identified two (2) stock to strongly consider:-
XL – NYSE
XL has had a constant trend since early November2012 and with no significent sign of breaking that trend. Therefore, my position will be set with the following parameters.
Buy 28.64, Stop 26.65
CAG – NYSE
CAG has had a constant trend since the start of 2013, while the trend has different ranges i beleive there are good profits to be made. Therefore, my position will be set with the following parameters.
Buy 34.11, Stop 32.36
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