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Strategies & Market Trends : Underexposed Technical Analysis

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To: Underexposed who wrote (164)9/25/2017 4:33:44 PM
From: Underexposed1 Recommendation

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Liberator

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Update of Fantasy Portfolio as of Sept 22, 2017- discussion of a long term penny stock

As you will see, this is our first serious downturn since we started about 5 months ago. Considering that the average successful rate of return is 7%-15%, we were well ahead of the game when we were up 6.5% back in August. Our year end for this portfolio is April 28, 2018. We are still on track for a normal or super return for a year.

Here is the status of the portfolio

Underexposed Fantasy Portfolio Value

Initial:
$100,000.00
Cash :
$12,601.39


Date Value %Gain/Loss
28-Apr
$100,000.00

5-May
$101,693.87
1.7%
12-May
$102,748.72
2.7%
19-May
$101,254.65
1.3%
26-May
$102,355.65
2.4%
2-Jun
$103,159.70
3.2%
9-Jun
$102,136.79
2.1%
16-Jun
$103,365.54
3.4%
23-Jun
$103,639.69
3.6%
30-Jun
$102,936.59
2.9%
7-Jul
$102,430.64
2.4%
14-Jul
$103,988.74
4.0%
21-Jul
$105,716.34
5.7%
28-Jul
$104,171.04
4.2%
4-Aug
$106,296.89
6.3%
11-Aug
$105,091.34
5.1%
18-Aug
$105,218.34
5.2%
25-Aug
$106,233.39
6.2%
1-Sep
$105,558.19
5.6%
8-Sep
$106,352.19
6.4%
15-Sep
$104,679.39
4.7%
22-Sep
$104,207.59
4.2%




Current Portfolio as of Sept 22, 2017


















Ticker Company Shares Price Value % Gain/loss











ETG
Eaton Vance Global Dividend income fund
590
$16.95
$10,000.50
1.19%
NOMD
Nomad Foods Ltd
760
$14.94
$11,354.40
13.87%
ECC
Eagle Point Credit Co. Inc.
490
$20.68
$10,133.20
1.37%
VMO
Invesco Municiple Opportunity Trust
750
$13.11
$9,832.50
-0.61%
BGCP
BGC Partners Inc.
780
$13.52
$10,545.60
11.83%
CROX
Crocs Inc
3000
$9.04
$27,120.00
-4.14%
IAG
IAMGOLD
2000
$6.31
$12,620.00
-12.36%




























Total
$91,606.20

ORDERS











Sept 19 : Limit Stop Loss - 2000 shares of IAG at trigger of$5.80 to limit of $5.70







You can see that the stop loss order on IAMGOLD is still around. It is rebounding nicely from its low of $6.05 back in Sept 19. I may raise that trigger level by the end of the week if it continues its recovery.

I took a sneak-peek at the portfolio today (Sept 25) and see we have bopped back up to 5.1% so far today.... mainly on the backs of CROX and IAG (a gain of 2.46% today so far).

Again you see the benefits of applying a limit stop loss order rather than selling outright. You remove that emotion totally out of the equation.... if it sells, yes you take a bit bigger loss but if it rebounds like CROX and IAG you make bigger gains and hopefully a profit.

If you choose your stocks wisely for long term holds, you can sleep at night :)

Thank you for the recommendations on my posts. It lets me know there is interest in this thread.

If you have any questions or perhaps a suggestion for a new stock as we do have $12,000 in cash in this portfolio. Any suggestion will get a complete analysis from me Technical and my limited Fundamental analysis to see if it is a candidate for a long term hold.

I will throw out a real penny stock (in Canada we don't consider a $1-$5/share stock a penny stock) that I have personally been invested in for over a year now.

Normally, a less than $1/share stock is not worth holding long term. They are not mature stocks and given to manipulation.

I would seriously have you look at Theralase Technologies [CDNV:TLT] [OTCB:TLTFF]

This is their website for those that want to study this stock in detail.

Theralase Tech press releases

I have given you the link to their press releases but I STRONGLY recommend that you look at the entire website. It is just full of information on their approach to fighting cancer.

They are currently in Phase 1 testing of Bladder cancer patients. It is only the first of 4 phases before their approach can be FDA approved... but as you can see from the press releases the first patients are seeing efficacy (ie. Their cancer is lessening).

Bladder cancer up til now had only one treatment... if that failed then there was little else except surgery to remove the cancerous bladder. Now there is an alternative treatment on the horizon. Theralase uses photo-dynamic chemicals that adhere to the cancer cells and then are blasted by a green laser of their own design. It seems not only are the cancer cells killed but they don't reoccur..

It started with treatments on rats and now moves to human trials. You will see that their research is testing rats with lung cancer, brain cancer and throat cancer and they are getting similar positive responses to their treatment. This is not a one-trick pony.

When you look at their website you will be impressed by the detail in which they describe their process, There are videos here and on You-tube describing what they have done and these are respected men and women in their field working on this process. You don't find this quality of presentation in a normal penny stock.

Here is their P&F chart





The two stocks don't track perfectly and that is due to the exchange rate difference between the USA/CDN dollar. Currently $1 Cdn = $0.81 USD.... so $0.50 cdn is about $0.40 so the two exchanges are tracking each other pretty good.

You can see the Canadian stock has a higher trading volume and it seems stuck at $0.49/share... the American stock is stuck as well at $0.40usd. This resistance has been tough to pass. THERE WILL BE AN ANNOUNCEMENT in the next 10 days or so on the status of the candidates currently being treated. Hopefully the dam will burst then.

HERE is my Trigger charts



You can see that the share prices track pretty closely as far as the pattern of the chart is concerned.

Look at how flat the BBWidth has been for the last month. There is no panic here, no pump and dump. That huge drop in price back in May was a dilution of shares as they needed money for these Phase 1 trials.

The Slo Sto and MACD are falling but the share price rises. The falling Slow Sto and MACD is not important UNLESS there is a sudden rise in the BBWidth. That would be a huge bear signal.

Investors are holding their breath looking for more information on the current testing and as I said there is a press release coming soon and that will tell the story.

This is an excellent long term hold... I have been holding and adding to my holding for over a year now. I believe in the science of their process. It is a new procedure and should be attracting attention soon from major investors... Americans especially don't pay much attention to stocks priced below $5 but this could be big in 2-5 years.

I throw it out and think I will be adding this stock to this fantasy portfolio soon.

Do your own Due Diligence if you want to add it to your real portfolio... it is worth a look,
_____________________________________________________________________________________________________________________________________________

Disclaimer:

I am not a registered broker. I am retired and use Technical Analysis as the main tool in my investment decisions. Accept or reject my comments as you will, but do your own Due Diligence (DD) before making any decisions based on the information I provide.

Underexposed
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