Morgan Stanley mowed its way down since 25 July as it broke below 22 levels. We were able to issue a strong sell signal on 1 Aug 2011 as the stock closed at 22.29 levels as the “internal indicator” at Capital3x moved its way down below key levels for us to initiate shorts. Today we sit on a net 27% profit in 20 days flat. We are yet to completely exit the trade.
Check out the premium trade on 1 Aug 2011: Short MS for atleast 20% return: New trades for 1 Aug 2011
Read our full analysis as we post one of our trades from the premium section. This is only part of the analysis which we issue to our subscribers but our trades are back by fundamental and strong technical analysis setups which work over difference time patterns (This is marketing but with actual performance validating the marketing).
Stock trades on a strong downward channel trend which can only be violated if the stock closes above 17 – 17.5 levels for three consecutive days.
Capital3x proprietary indicator “internal indicator” (II) is flashing red at levels of (-65). The “II” indicator read -30 on 1st Aug 2011 as we issued our short trade to our subscribers for 27% gain in Aug 2011.
Please note any level below zero is a short candidate.
We will advises caution against entering the trade now that we have made 27% return. Please wait for such opportunities to arise again. .