Sunday, October 11, 2009

Position Trade

Position Trade

Date: 10/12/2009

Symbol: NUAN

Company Profile: Nuance Communications, Inc. offers speech-based solutions for businesses and consumers worldwide. It primarily delivers a portfolio of speech-enabled customer care solutions that enhance customer communications and automate customer services and business processes in information and process-intensive vertical markets, such as telecommunications, financial services, travel and entertainment, and government.

Sector: Technology

Industry: Application Software

Trading Strategy:
NUAN is on my list longer time. I like weekly/monthly triangle consolidation and daily cup and handle pattern. I will look for position trade but it can be used for day (daily cup and handle), swing (weekly cup and handle) and position (monthly breakout) trade. First target area will be monthly high, but we will see action after setup.

I will send all updates and if anyone will have any questions feel free to contact me in the room or over email (ivica@ivicatradingcharts.com ).





Wish you good trading!!!!

Ivica Juracic
http://www.ivicatradingcharts.com/

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