Symbol: SKT (NYSE)
Signal: LONG – 1/15/2014
New LONG signal on SKT based on a profitable trading pattern going back to January 2013. Vanguard has increased their existing position by .5 % as of 9/30. This is a retail stock – a sector which has experienced high volatility since December based on weak Black Friday sales figures, however the algorithm is calling for further upside.
Supporting research:
| <http://video.cnbc.com/gallery/?video=3000235825&__source=yahoo | headline | quote | video | &par=yahoo> |
SKT Daily – click to enlarge