In a previous post we tout a good call, as we have done from time to time. There have been plenty of them. There have also been more bad trades than I’d care to mention, but will anyway.
I avoided taking a good profit in BCLI and instead took a loss. I tried to bottom feed FARO and it knifed me to a loss. I got smart with AMAT and took a loss on unexpectedly bad news. Luckily, none of these were NFTRH+ items; they were personal speculations. NFTRH+ is for setups, and low risk ones at that.
So this is the fair disclosure website that is not trying to sell you on anything other than that its (and NFTRH’s) owner is a hard working, honest market manager and that this is a genius free zone.
So on to DEPO. I have traded it very successfully over the last couple of years (hat tip to a subscriber who is very well up on it fundamentally). This time, I decided not to take profit prior to earnings and got hammered. It’s a modest position so now I am an investor and looking to add. The question the weekly chart asks is ‘will it bottom at the dotted channel or major support and the solid channel?’ Good question. Weekly log scale chart…
