{"id":2992,"date":"2019-08-02T16:49:04","date_gmt":"2019-08-02T08:49:04","guid":{"rendered":"https:\/\/www.investagrams.com\/daily\/?p=2992"},"modified":"2019-08-02T16:59:41","modified_gmt":"2019-08-02T08:59:41","slug":"investagrams-featured-trader-of-the-week-behind-the-trades","status":"publish","type":"post","link":"https:\/\/www.investagrams.com\/daily\/2019\/08\/investagrams-featured-trader-of-the-week-behind-the-trades\/","title":{"rendered":"Investagrams Featured Trader of the Week: Behind The Trades"},"content":{"rendered":"

Congratulations to BehindTheTrades<\/a> for spotting a potential market leader as it continues to increase in price. $ROCK (Rockwell Land Corporation) has been moving in an upward channel that began last May 2019, he notes that the important resistance to break in order to make a bigger move is 2.35-2.37. For those who haven\u2019t seen his post, it was posted on our Market Wizards InvestaGroup<\/a>. This is something the stock has already done and is now on it\u2019s way to retesting multi-year high at 2.78.<\/p>\n

\u00a0Initial Spot<\/strong><\/h2>\n

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On Technicals<\/strong><\/h2>\n

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As the property sector has been and is continuously showing strength, $ROCK can be one of the beneficiaries from being in the leading sector of the year. After its 60% run up at late 2017, the stock has declined significantly and has remained dormant throughout the duration of 2018 and the first quarter of 2019. However, $ROCK has now begun to show some signs of strength as it has begun its climb on increasing volume. As highlighted by BehindTheTrades<\/a>, if the stock can break 2.78, then we may see a potential swing to 3 pesos.<\/p>\n

As $ROCK continues on its upwards channel, a conservative buy would be at its channel support at around 2.38. This is also its previous resistance, so we have a SnR flip in play. If volume will continue to increase in the coming weeks, then there\u2019s a big possibility that a bigger move towards 3 pesos may unfold.<\/p>\n

On Fundamentals<\/strong><\/h2>\n

Looking at its Fundamentals, $ROCK has been a solid company that\u2019s has consistently shown positive earnings. Also, as mentioned earlier, the stock is part of the leading sector of the year. Don\u2019t be surprised if we may see a move similar to what happened at the end of 2017.<\/p>\n

Kudos again to BehindTheTrades<\/a> for spotting a stock that has big potential that almost no one is watching! Your FREE one-month access to InvestaJournal is on its way!<\/p>\n

These are the type of plays you can spot at our Market Wizards InvestaGroup<\/a>, so you don\u2019t want to miss out. For those who are wondering how to be featured, you may visit this link<\/a> and learn a thing or two. Good luck!<\/p>\n

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Congratulations to BehindTheTrades for spotting a potential market leader as it continues to increase in price. $ROCK (Rockwell Land Corporation) has been moving in an upward channel that began last May 2019, he notes that the important resistance to break in order to make a bigger move is 2.35-2.37. For those who haven\u2019t seen his […]<\/p>\n","protected":false},"author":3,"featured_media":2994,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[42,37],"tags":[],"class_list":["post-2992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-3","category-news-features"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/2992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/comments?post=2992"}],"version-history":[{"count":3,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/2992\/revisions"}],"predecessor-version":[{"id":2999,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/2992\/revisions\/2999"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media\/2994"}],"wp:attachment":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media?parent=2992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/categories?post=2992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/tags?post=2992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}