LAZ – Trade of the Week

By Investor’s Yak

LAZ is up 2.8% in 5 days and exceeded the Investor’s Yak stock list “target price” recommended. If you took your profit, you gained more than most banks yield in an entire year. Avoid greed, and continue making solid incremental gains like this for a good end of year outcome. Notice the progression shown on the chart below:

#1 Friday May 1, 2015 Action Zone #1 Triggered and Action Zone #2 is setting up
#2 Friday May 1 2015 Action Zone #3 showed good price support
#3 Monday May 4 2015 purchase order established
#4 Action Zone #2 shows favorable move toward future trigger.

Investor’s Yak stock lists are assembled by first screening for the Action Zone #1 Stochastic, then Action Zone #2 MACD future setup, and finally distinguishing Action Zone #3 price support at major moving averages, Bollinger band bottoms, and/or prior price support.