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6 Attachment(s)
EBIX
EBIX is interesting: The standard technical analysis shows that we should buy a Breakout, even if teh stock is extended.
[ATTACH=CONFIG]30527[/ATTACH]
The Pyramid data is not too good: LER is not that strong and the sector is in short mode.
[ATTACH=CONFIG]30526[/ATTACH]
We can see below that Buying a Breakout on Volume offers stats that are not interesting.
[ATTACH=CONFIG]30524[/ATTACH]
Buying a standard Breakout looks slightly better.
[ATTACH=CONFIG]30525[/ATTACH]
The most interesting trade is to buy a pullback.
[ATTACH=CONFIG]30529[/ATTACH]
The buy range is however very narrow, which doe snot make for an interesting trade idea.
Why posting this idea then? Simply to show that sometime, even a strong looking stock does not offer opportunities, when you come back to the data.
[ATTACH=CONFIG]30528[/ATTACH]