|One such company that has given me a buy signal is Newell Rubbermaid (NWL). The company is a global marketer of consumer and commercial products with sales of more than $6 billion and a strong portfolio of brands. On April 22, the company announced the launch of a new line of writing essentials made of recycled materials. These products offer the same reliability and performance as the previous generation.|
|FIGURE 1: NWL, DAILY. This chart shows buy signals!|
|Graphic provided by: OmniTrader.|
|Figure 1 shows a buy signal, given on April 22. Note the previous buy signals of March 11, March 26, April 2, and April 8 and the one solitary sell signal on March 20, the date not highlighted on the chart.|
My indicators are the Fisher of the moving average convergence/divergence (MACD) of the high, the stochastic relative strength index (RSI) cycle (3,8), and the Carter cqueeze. The strategies I use to highlight buy and sell indicators are nonoptimized variations that I have tested and am satisfied with. The strategies include stop-losses, volatility, and a primary strategy relative to more than 80 secondary strategies. The strategies shown on the chart are those that I have devised and are available to any and all Omnitrader users on request. The buy/sell signals given assist me in my final decision-making.
It may be wise to look to stationery companies as an indication of the coming market trend. Increased business means greater use of invoices, pens, and anything to do with stationery. A buy for NWL may be an early warning signal of the overall market trend, another sign that the bottom has been reached and that a new bull market is happening.
|Address:||3256 West 24th Ave|
|Phone # for sales:||6042634214|
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