TEO target hit

T1 was the only (final) target on the TEO short trade that triggered on friday so consider taking full profits if you have not done so already.  this one was good for an 11.7% gain in less than 3 trading sessions and although the argentine stocks continued to get spanked today on kirchner's nationalization of [...]

Apr 17, 2012 7:06pm|Categories: Completed Trades - Short|Tags: |Comments Off on TEO target hit

TEO set-up triggered

TEO has broken down for the descending triangle pattern recently posted, triggering a short entry.  downside target remains as previously posted.  TEO is Telecom Argentina and as the winds of socialism continue to blow down there with the latest nationalization plans for YPF, the spillover seems to be having ripple effects in other argentine stocks.  [...]

Apr 16, 2012 1:00pm|Categories: Completed Trades - Short|Tags: |Comments Off on TEO set-up triggered

TEO set-up

as long as i'm on the global telecoms, TEO looks to be in the final stages of a descending triangle pattern.  while this is considered an inherently bearish pattern, these things can break either way and often prove very profitable for a long entry if broken to the upside.  however, as the pattern is typically [...]

Mar 29, 2012 10:05pm|Categories: Completed Trades - Short|Tags: |Comments Off on TEO set-up