Equity Oracle: 04/30/13

toe-april 30

This stock will help us stay in shape (financially). This is the time of year when many people are thinking about getting in shape for the summer months. This is a cycle that you can depend on in the market and Vitamin Shoppe, Inc. is a perfect candidate for us to be able to capture a profit from this annual cycle. You can see from the chart that the stock has a gap above the market that needs to be filled. Should the stock fill the price target after we buy it, we will have scored a home run with this one. Please be sure to review the trade instructions because this is a contingent buy order. We must wait for the stock to close over the 20-day MA before getting into the stock. This will dramatically cut down on the risk if we first wait for the buyers to take control before we jump in.

 


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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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