Each week at ChartSmarter we like to bring to a little insight into what we do on a daily basis. We have been at it for more than 4 years and we love doing it. Each night we detail 8 to 10 of our favorite ideas, both long and short, for the next days session. We do NOT have a chat room, nor are we active “tweeters”. We like our business growing by word of mouth. Below is precisely how they were written in our daily reports. For those who would like to see a full copy of our Tuesday Game Plan, email me at firstname.lastname@example.org.
The following four ideas were all in this Wednesday’s Game Plan. MTH is a name in the housing group that may not be followed as closely as some of the heavyweights like LEN TOL or PHM. But it caught our eye with a break above its 200 day SMA on 2/4 indicating a potential trend change. We suggested an entry off the round 40 handle and the stock is now UP almost 5% from the trigger.