The signals (exit prices) forecasted in the above table was first posted on 29 Oct followed by a review on 4 Nov.
In this review, I am glad to say that another signal forecasted by GH model has been closed. With the closing of the signal on F&N, 3 out of the 4 signals have been fulfilled.
From the above table, one can see that the last signal that remains open is Allgreen. Based on the trading range on 12 Nov 2007, it was fairly reasonable to enter the stock at $1.45. This is on the back of a forecasted exit price of $1.74 indicated by GH model on 29 Oct. The difference between the exit and entry will give a return of 20%. The counter ends the day at $1.51 on 23 Nov 2007.
Good day!
In this review, I am glad to say that another signal forecasted by GH model has been closed. With the closing of the signal on F&N, 3 out of the 4 signals have been fulfilled.
From the above table, one can see that the last signal that remains open is Allgreen. Based on the trading range on 12 Nov 2007, it was fairly reasonable to enter the stock at $1.45. This is on the back of a forecasted exit price of $1.74 indicated by GH model on 29 Oct. The difference between the exit and entry will give a return of 20%. The counter ends the day at $1.51 on 23 Nov 2007.
Good day!
Next review on this table will be after the signal on Allgreen has been fulfilled.
