It’s been ages since we messed with this stock, but there could be opportunity if it falls just a bit further to the 28.32 target shown — a Hidden Pivot midpoint. We can skip the camouflage and simply bid 28.36 for 400 shares, stop 28.19. This play is speculative, since the stock looks like it will want to fall all the way to D=24.59 if it breaches the midpoint by more than a few cents.
SLW – Silver Wheaton (Last:24.59)
March 21, 2013Comments on this entry are closed.
Master the Secrets
of Hidden Pivot Analysis
The laser-like accuracy of Rick Ackerman’s forecasts are well known in the trading world, where his Hidden Pivot Method has achieved cult status. Rick’s proprietary trading/forecasting system is easy to learn, probably because he majored in English, not rocket science. Just one simple but powerful trick -- managing the risk of an ongoing trade with stop-losses based on ‘impulse legs’ – can be grasped in three minutes and put to profitable use immediately. Quite a few of his students will tell you that using ‘impulsive stops’ has paid for the course many times over.
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