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Pascal
05-29-2015, 02:59 AM
EBIX is interesting: The standard technical analysis shows that we should buy a Breakout, even if teh stock is extended.

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The Pyramid data is not too good: LER is not that strong and the sector is in short mode.

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We can see below that Buying a Breakout on Volume offers stats that are not interesting.

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Buying a standard Breakout looks slightly better.

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The most interesting trade is to buy a pullback.

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The buy range is however very narrow, which doe snot make for an interesting trade idea.
Why posting this idea then? Simply to show that sometime, even a strong looking stock does not offer opportunities, when you come back to the data.

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