This Tech Analysis Stock Move Nearly Doubled My Capital

by David Jenyns on April 13, 2007

This Tech Analysis Stock Move Nearly Doubled My Capital
Being in the Far East, I could not possibly know of any rival organization being set up. Yet the technical analysis side of my system based on the price action had warned me to get out. During all the time that I spent with LORIIXARD and DINERS’ CLUB, I never neglected to follow the technical analysis of other stocks in Barron’s. This began to show me that there was a great interest springing up in a stock called E. L. BRUCE, a small Memphis firm. The stock was quoted on the American Stock Exchange. During its technical analysis, I learned that the company made hardwood flooring. This most certainly did not fit my fundamental requirements, but the technical analysis pattern was so compelling that I could not take my eyes off it.

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