Prudent traders adjust to changes in money flow in the markets by continually shifting their investing dollars towards prospective opportunities. Today our spotlight shifts to Artfest International, Inc. (OTCBB: ARTS).Last week, shares of Artfest International, Inc. (OTCBB: ARTS) traded all-time high volume as the price reversed trend to the upside. This event immediately succeeded two weeks of consolidation, or sideways trading, a premature sign of a bottom.
Premium Subscribers were alerted to Artfest International, Inc. this morning, at 7:00AM EST. Premium Subscribers were given a breakdown of supporting and resisting levels to monitor as signals for entry and/or exit, for instance, a pull-back entry at the pivotal supporting $0.0006 level.
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Premium Subscribers were also sent the following trading idea:
The Great Atlantic & Pacific Tea Company, Inc. (NYSE: GAP ) share price tumbled over 30% Friday; down 80% year-to-date. Rule of thumb is that the market overreacts to both the upside and downside, depending on whether a bullish or bearish event appears, and that a technical correction or price ‘bounce’ follows. The primary signal for entry is the break of $2.65; $2.80 is another pivotal level of resistance. $2.60 supports the price and may be interpreted as a pull-back entry. Our target price is $2.96/share.
The Great Atlantic & Pacific Tea Company, Inc. (NYSE: GAP ) has already shown signs of a trend to the upside; shares are up over 5% on the session in early-morning trading. To receive trading ideas like these on a regular basis, subscribe to our premium service.