Combining your TA knowledge with fudamental in trading

Normally even for an investor, we need to use the TA tool to find out the opportunity. As what I have mentioned in the previous article, when you speculate on a good fundamental stock, the chance for you to succeed will be much higher than those trading on non-sense penny jumpy stocks. DXPE, with its good expansion and acquisition, could well provide you the opportunity to catch the nice profit. And it is safe since this stock has been well studied by us. Otherwise It won't be put to the watchlist shown on the right handside. However because of its acquistion reason, I haven't been able to finish its value study which will come later on. But here may comes the chance for speculation. TA wise, it will have a nice breakout pretty soon.

BTW: today's market reaction to FED is a sign that further confirm our thinking in the middle to long term bull trend. Market is still in consolidation mode. Consolidation can be viewed in our previous article. However even bull market we still see some shakeout action. Once you see that opportunity, don't hesitate to get in. The market doesn't pull back too much is because institution knows once they sell, retailers like us will get benefit. But they also face the dillema to reduce their cost somehow. Therefore, as long as we are patient enough, will definately see chance to load.