Investment Strategy
Diversify two stocks per industry to dampen the effects of industry specific crashes, while still maintaining a substantial amount of capital within each industry to benefit from industry specific rises. Our investment strategy would focus solely on capital growth, as such, the three industries of interest would be the Financial, Telecom Services, and Utilities sector as they are currently the top performing sectors with around +60% companies up 0% - 2%.
TELECOM SERVICES
1. Fusion Telecommunications Int'l, Inc.
Technical Analysis The stock is currently rebounding from the support level of $1.9 with a clear upwards trend as of Sept. 30th while the SMA50 is moving downwards. If this trend is followed, the price levels would cross the SMA50 thus signalling a "golden cross" around the …show more content…
5. Pampa Energia S.A. (ADR)
Technical Analysis Throughout the second half of 2015, the SMA50 of this stock maintains a stable/neutral trend. In contrast, the actual market price has been quite volatile during late September with the stock experiencing a "death cross." Eventually, this led the decline of market price to the support level of $15. Following this, the market price rebounded back up, with a strong recovery during the following 2 weeks. During the close of Oct. 9, the SMA50 came very close to crossing yet again with the market price at $16, thus signaling a golden cross, which becomes a great entry opportunity for us. As a result, we can potentially gain more than we can lose, as the resistance level, $17.24, is further away from our entry price, $16, than the support level, $15. As well, while the upwards SMA50 is weak, it could still potentially signify a rise past the resistance level, when considered along with the strong rise in market price
Diversify two stocks per industry to dampen the effects of industry specific crashes, while still maintaining a substantial amount of capital within each industry to benefit from industry specific rises. Our investment strategy would focus solely on capital growth, as such, the three industries of interest would be the Financial, Telecom Services, and Utilities sector as they are currently the top performing sectors with around +60% companies up 0% - 2%.
TELECOM SERVICES
1. Fusion Telecommunications Int'l, Inc.
Technical Analysis The stock is currently rebounding from the support level of $1.9 with a clear upwards trend as of Sept. 30th while the SMA50 is moving downwards. If this trend is followed, the price levels would cross the SMA50 thus signalling a "golden cross" around the …show more content…
5. Pampa Energia S.A. (ADR)
Technical Analysis Throughout the second half of 2015, the SMA50 of this stock maintains a stable/neutral trend. In contrast, the actual market price has been quite volatile during late September with the stock experiencing a "death cross." Eventually, this led the decline of market price to the support level of $15. Following this, the market price rebounded back up, with a strong recovery during the following 2 weeks. During the close of Oct. 9, the SMA50 came very close to crossing yet again with the market price at $16, thus signaling a golden cross, which becomes a great entry opportunity for us. As a result, we can potentially gain more than we can lose, as the resistance level, $17.24, is further away from our entry price, $16, than the support level, $15. As well, while the upwards SMA50 is weak, it could still potentially signify a rise past the resistance level, when considered along with the strong rise in market price