Stone Fox Capital graduated from the University of Tulsa with a double major in accounting & finance. He's been interested in the stock market since college and began managing investments for friends and family more then 10 years ago. He now has a goal of starting his own investment firm -... More
Over the last couple of trading days we've sold roughly 30-40% of our holdings in both Gafisa (GFA) and Millicom (MICC). Both stocks have risen substantially in the last week and at the times of selling they both were more then 25% above the 20EMA. Thats usually a good sign of being overbought on the short term. Typically signally a sideways or downward movement next.
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Sold Portion of GFA & MICC 0 comments
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