Go Long CEL, Short DTV

Advertisement

The market is continuing to build on its impressive gains. We’re seeing a morning doji star candle pattern forming, which could be a good sign of a short-term bottom finally forming in the S&P 500. The key is whether it can reclaim the 20-day moving average and 1,200, or if it will just sell-off after testing it.

Long: Cellcom Israel Ltd. (NYSE: CEL)

Short: DIRECTV (NASDAQ: DTV)

The SharePlanner Swing-Trading System is a proven trading strategy that has outpaced all the major indices with an 8-year return of over 1,010%. This year alone it is up 29%, with 64% of the stock picks being winners. It’s an easy trading system that requires very little effort after you buy the stock and great for those who can’t watch the market all the time! Find out more by visiting SharePlanner.com.


Article printed from InvestorPlace Media, https://investorplace.com/2010/11/go-long-cel-short-dtv/.

©2024 InvestorPlace Media, LLC