I'm usually looking at more expensive names for a channel stk and for wider bands. $10 bands. But the concept can be reduced I think to any level. and Victoria Secret is almost a channel stock $26--$27.. very tight. 3 times it has kissed both. I would think this is the pick up today.... VSCO Victoria's Secret & Co. $26.36-0.52 (-1.95%) /////////////////////////////////////////////////////////////////////
You're fine Stoney. The only thing I don't like about ONON, is why is the institutional ownership so low.
Give it about a month or two, and Bacchus should behave much better. Why didn't you get him fixed when he was puppy? Were you gonna try breed him?
Is that an index of rum or sugar stks? I don't do indexes but there is one called COAL. and it is as you might imagine Coal stks and hasa PE average of 5-6.