UPDATE: 10/25

SIGNAL: TRADE CLOSED (stopped out)

CA beat earnings causing the stop to gap up, bypassing our stop for a loss of 6.48% on the trade.  Algorithm is now flat on BCR.

 

9/26/2013

Symbol: CA (NASDAQ)

Signal:  SHORT

New SHORT signal on CA, which is struggling to stay above its 20 day EMA.  Profitable trading pattern goes back to January, 2012.

Related analysis supporting position:

N/A – possible corrective move down on a long term up trend.