February 23, 2014

Closing FIUIX 4.7% profit in 39 days

This FIUIX trade was entered after the EMA- cross (pink crossing green) in an uptrend. MAC-D on the second graph lines were closing in on each other, indicating an uptrend was forming.

The MAC-D lines were about the baseline indicating continuation of the uptrend.

The trade hit my price target of $22.75 after 39 trading days. RSI wasn't indicating a definite sell as it was only at 82. RSI-5 at 90 is my 'Strong sell' level, although if an uptrend is strong you can let it run above 90.

This fund could still go higher, but I was happy to take 4.7% profit.













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FIDSX 5.2% in 31 days