Markets have bounced back to new highs, extending gains in the trending moves our method tries to capture.
In August Autohome ATHM was at the top of our list. That move is still ongoing but a take-over offer for Kite Pharma KITE has propelled it into first spot. The Buy signal was given on 7th June when KITE could be picked up at $82.09. It now trades at $179.14 for a 118% gain in 70 days.
Phoenix New Media FENG has moved into second place with an 103% gain in 38 days and Autohome ATHM is down to third with a 103% gain in 102 days. Those moves are not finished, stocks are held until their next Sell signal (or Buy signal for a short position).
The current worst trades are short SDRL (-13%), followed by short TARO (-12%) and long TAHO (-10.6%). Keeping losses small.
You can see all our current signals by downloading today's reversal level file (free): https://www.dropbox.com/s/frmvsdvcapcf2s3/RL_20170915.html?dl=1
(Html file. Download before opening in any good desktop or mobile browser.)
This is our current top 20:
And our bottom 20: