Promising breakout for CINF

Discussion in 'Stock Market Forum' started by tradingpulsealpha, Apr 23, 2014.

    Apr 23, 2014
  1. tradingpulsealpha

    tradingpulsealpha Active Member

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    Today CINF broke out of its range. We were following this stock and thinking that it presents a short term bullish potential with a first target between 51/52.

    Revenue is booming and Pe ratio still moderate. earning weakened in Q4 2013 within a veru strong uptrend.

    Earnings ae tomorrow after the close and we advise not to buy right before the release as the reactions to it are unpredictable.
     
    tradingpulsealpha, Apr 23, 2014
    tradingpulsealpha, Apr 23, 2014
    #1
    2. May 7, 2014
  2. admin

    admin Administrator Staff Member

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    Interesting, how did this turn out?
     
    admin, May 7, 2014
    admin, May 7, 2014
    #2
    3. May 7, 2014
  3. tradingpulsealpha

    tradingpulsealpha Active Member

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    $cinf: Earnings were disappointing and th stock drop but not enough to go the stop-loss, then rebounded nicely and today e just told subscriber to sell 2/3 with a small profit because recent action created a resistance aboce and market is bad.
     
    tradingpulsealpha, May 7, 2014
    tradingpulsealpha, May 7, 2014
    #3
    4. May 10, 2014
  4. waseem59

    waseem59 Well-Known Member

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    Unbelievable, How is it possible ?
     
    waseem59, May 10, 2014
    waseem59, May 10, 2014
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