On January 19th, 2016, my Tuesday morning posting was titled Time to Jump Into POOL? I pointed out that over the next 15 weeks, POOL had a 100% track record of gains – a strong average gain of 18.1% a year, with gains in 20 out of POOL's 20 years of trading. And many of those gains were double-digit gains, the kind option traders long for.
I covered how technically the stock was oversold, and had a track record of rebounding off its 200-day moving average, which it was again approaching. I mentioned the number of institutions holding the stock was increasing. One director had recently bought shares, and so forth.
So has POOL been following through this year? Yes. It is heading towards a 21 out of 21 year record:
POOL's performance since January 19th works out to a 65% gain, annualized.
We're only halfway through the 15-week period. POOL is not only repeating past performance, but the volume pattern suggests this stock is under institutional accumulation. New highs are likely, if the overall market provides a positive backdrop.
Seasonal analysis regularly produces many good trade candidates such as POOL. It is a key technique for identifying stocks with seasonal and cyclical patterns of institutional participation.
Of course, there's much more you need to know and many more stocks you can capitalize upon each and every day. To find out more, please click on the following link: www.markettamer.com/seasonal
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