To be frank - I’ve always remained suspicious of technical calls. Your last call on RS Software worked fabulously (although after hitting the mentioned Stop-loss points); In retrospect Zensar also seems to be moving in the direction of your call.
I’m more of a quantitative guy, who likes to write programs to verify what patterns worked in the past. Do you think we could perhaps work together on formalizing/back-testing some of your insights? It might be a very profitable operation for the both of us and something might come out of it.
(1) Where do you source such opportunities? Do you receive alerts when a company breaks out of a flag pattern. I can help you there if you’d like something like that and don’t have one already. Did you actually track this Zensar tech or RS Software?
From what I understand the signals you take into account when you make a call are:
(1) A sector stocks flying high, but a few stocks have remained laggards, and you like the laggards.
(2) The laggards have some positives happening for them fundamentally.
(3) The price action breaks out a flag pattern (I don’t really know what that means).
Love to hear about the way you think.