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As a contributor to the New Low Observer (http://www.newlowobserver.com/about-this-site), we intend to give new insights on a low risk approach to trading in dividend paying stocks for tax deferred accounts. The New Low Observer (http://www.newlowobserver.com/about-this-site) is not intended for... More
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  • CMG Downside Target Update 0 comments
    Oct 6, 2012 12:37 PM | about stocks: CMG, NFLX, GMCR

    In a series of articles examining Edson Gould's Speed Resistance Lines [SRL], we put some big name stocks to the test. The test was to see if Gould's SRL had any reasonable predictive ability to determine the downside targets for the stocks in question. The results have been astounding and are well worth your careful consideration.

    First, we will review the SRLs for Netflix (NASDAQ:NFLX) and Green Mountain Coffee Roasters (NASDAQ:GMCR) and the outcome of the analysis related to Gould's indicator. Next, we will review the updated Chipotle Mexican Grill (NYSE:CMG) downside target.

    Continue reading...

    *this is an update to our October 25, 2011 Seeking Alpha instablog with downside targets. The Seeking Alpha instablog can be found here:

    "Edson Gould's Speed Resistance Lines: Chipotle & Green Mountain"

    Stocks: CMG, NFLX, GMCR
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