Trading strategy for Cogent Communications Group Inc. (down 0.37 percent, CCOI)
Summary Free Membership     Add to watchlist     Email to friendSee our recent article: How do I manage my trading risk?(Date Report Was Created: 22-Jul-2011) Cogent Communications Group Inc. (CCOI)TechnologyLast: 16.09  (-0.06 pts, -0.37%)  Open: 16.15  High: 16.22  low: 15.91  Diversified Communication Services Quick Summary The Stock is in Warning Phase. The Warning Phase occurs after the market has topped and is now showing weak signs of selling. The prices may have temporarily stopped rising. The stock has retraced 10.6% from its recent high price of 17.99 which occurred on 7-Jul-2011. The current price is below the <a href="http://www.salehandbagsbags.com"><strong>cheap dior handbags for sale</strong></a> 20 day moving average of 16.86. The stock could possibly find support at the 50 day moving average of 15.7. The closest support can be found at 15.74. The closest resistance can be found at 16.36. See Support/Resistance below for details. How to trade Cogent Communications Group Inc.(CCOI)? Breakout Trade: A close above the resistance level of 16.36 could trigger a buy signal. Confirmation would occur when the low of the day would be above 16.36. Retracement Trade: Consider buying when the price retraces around 15.745. Consider selling/shorting when the price approaches 16.36. Risk Management: Consider risking somewhere between 0.6795(4.22%) and 1.1325(7.04%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock. Sign up for free membership to view complete report. (Available only for short time) Look up analysis for ANOTHER stock Donate to askStockGuru.com website. If you donate 50.00, you will help support us and also get our donors only newsletter for one year The exclusive newsletter for one year will consist of Graphical analysis to visually understand the stock market. Sector by sector analysis which highlights breakout stocks for each sector. Great for ideas. And our way to say thank you. Sign up for complete report Free Membership     Add to watchlist     Email to friend To view complete institutional style report and recommendation on Cogent Communications Group Inc.(CCOI), pleaseSign <a href="http://www.salehandbagsbags.com"><strong>lv handbags</strong></a> up for free membership!!! If you have already registered, login now, to view the complete report. We evaluate over 4000 stocks everyday. Read our analysis for CCOI and other stocks daily.Why not become a member ?For now, it is FREE!!! Technicals Free Membership     Add to watchlist     Email to friend Market Phase:? Warning This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of Cogent Communications Group Inc. is in the Warning Phase. The market for CCOI may have briefly paused from rising, and is now showing weak signs of selling.  Short Term Trend:     (-7) The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. Cogent Communications Group Inc.(CCOI) is currently strongly bearish. 3 Day Money Flow:     (-3) The money flowing for last 3 days in CCOI has been mildly bearish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator. Snapshot Free Membership     Add to watchlist     Email to friendPhase:?Warning  Relative Strength:    (+8) EPS Growth(yoy): Unavailable   (-0)  Fundamental:    (-3)  To view complete report on Cogent Communications Group Inc.(CCOI)please sign up for free.If you have already registered, login now to view the complete report. askStockGuru TIPS Free Membership     Add to watchlist     Email to friendIf you are investing in stock, or if you buy stocks, trade stock, or are into stock investing, read this section to improve your stock trading skills. It is important for an investor or a trader to understand the life cycle of a stock. If you trade stocks, you know that stocks go through peaks and valleys. It is the nature of the stock market. We believe that most stocks go through these cycles. Through an algorithm developed by askStockGuru.com, we have classified the life cycle of a stock into 6 distinct phases. These market phases are as follows: Recovery phase Accumulation phase Bullish phase Warning phase Distribution phase Bearish phase The above market phases describe the stage of the stock within the cycle. For instance, as the stock initially rises in the price, it goes through recovery phase. These are buyers that are first to recognize the value. Similar to early adopter to technology, these investors recognize <a href="http://www.hundkoja.com/bildarkiv/displayimage.php?pos=-1307"><strong>Choose a right pair of men's sunglasses | Cheap Oakley Sunglasses ...</strong></a> the value of the stock early on. Accumulation Phase generally follows the recovery phase. More buyers are entering the market. The bullish phase, which follows the accumulation phase, the buyers have the control of the market, and are anxious to push the prices up. Eventually, the Bullish phase ends. In most cases, the market will give you a warning before it goes into distribution phase. The warning phase is the early signs that sellers are beginning to enter the market. A fight is taking place between the buyers and sellers. During the Distribution Phase more sellers are entering the market, and are trying to drive the prices down. The Bearish phase is when the sellers have the control of the market, and the prices are going down. In most instances, the phases are not as orderly as one might prefer. For example, a stock may go from accumulation phase back to Recovery Phase few times, before going forward to the Bullish Phase. Nevertheless, it is important to comprehend the phases and trade accordingly. The phases are important because it gives traders and investors common language to understand and describe the price behavior of a particular stock. Understanding this behavior is critical to trader's road towards profiting from price movement in any market.
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