Trading strategy for XL Capital Ltd. (up 2.23 percent, XL)
Summary Free Membership     Add to watchlist     Email to friendSee our recent article: How do I manage my trading risk?(Date Report Was Created: 26-Aug-2011) XL Capital Ltd. (XL)FinancialLast: 19.27  (+0.42 pts, 2.23%)  Open: 18.68  High: 19.47  low: 18.38  Property and Casualty Insurance Quick Summary The Stock is in Bearish Phase. The sellers have entered the market and pushing the price down. The Bearish Phase occurs when sellers have entered the market. The stock has recovered 7.4% from its recent low price of 17.94 which occurred on 8-Aug-2011. A close above 20-day moving average of 19.54 could mark low of 17.94 as a recent low. The closest support can be found at 18.76. The closest resistance can be found at 20.06. See Support/Resistance below for details. How to trade XL Capital Ltd.(XL)? Breakout Trade: The current price is resting around the support level of 18.76. If the prices closes below 18.76 then a short/selling entry should be considered. Retracement Trade: Consider sell/shorting when the price retraces around 20.06 if you are aggressive. Alternatively, a conservative sell would be around 21.77. Risk Management: Consider risking somewhere between 1.338(6.94%) and 2.23(11.57%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock. Sign up for free membership to view complete report. (Available <a href="http://www.cheapcigarettesonlineoutlet.com/newport-c-78"><strong>Newport outlet</strong></a> only for short time) Look up analysis for ANOTHER stock Donate to askStockGuru.com website. If you donate 50.00, you will help support us and also get our donors only newsletter for one year The exclusive newsletter for one year will consist of Graphical analysis to visually understand the stock market. Sector by sector analysis which highlights breakout stocks for each sector. Great for ideas. And our way to say thank you. Sign up for complete report Free Membership     Add to watchlist     Email to friend To view complete institutional style report and recommendation on XL Capital Ltd.(XL), pleaseSign up for free membership!!! If you have already registered, login now, to view the complete report. We evaluate over 4000 stocks everyday. Read our analysis for XL and other stocks daily.Why not become a member ?For now, it is FREE!!! Technicals Free Membership     Add to watchlist     Email to friend Market Phase:? Bearish This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of XL Capital Ltd. is in the Bearish Phase. This indicates that the stock is in a downtrend. The sellers are pushing XL down. Short Term Trend:     (-4) The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. XL Capital Ltd.(XL) is currently mildly bearish. 3 Day Money Flow:     (-6) The money flowing for last 3 <a href="http://www.cheapcigarettesonlineoutlet.com/benson-hedges-100s-menthol-cigarettes-bule-p-360"><strong>Benson & Hedges 100's Menthol cigarettes bule</strong></a> days in XL has been mildly bearish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator. Snapshot Free Membership     Add to watchlist     Email to friendPhase:?Bearish  Relative Strength:    (-4) EPS Growth(yoy):    (+6)  Fundamental:    (-3)  To view complete report on XL Capital Ltd.(XL)please sign up for free.If you have already registered, login now to view the complete report. askStockGuru TIPS Free Membership     Add to watchlist     Email to friendIf you are investing in stock, or if you buy stocks, trade stock, or are into stock investing, read this section to improve your stock trading skills. If you want to learn how to pick stocks, our suggestion is that you follow a set of well-tested rules. You need to do some research to find out when to get into a stock to actually make money from the market. When the market is going up, anyone can make money with the least amount of work. However, the key to long-term success is to make money in the stock market regardless of the direction of the market (going up or down). It is amazing that many people spend almost 20 hours researching a TV, but hardly spend an hour before buying a stock. Good research and hard work goes a long way. We at ask stock guru hope to provide it. Many stocks traders have said that the following rules work well. We have learned through experience, both good and bad, that having a sound strategy to pick stocks is vital part of a good trading plan. We hope that you can benefit from the following disciplined approach. 1. Identify stocks that are stronger than other stocks. If the relative strength of a particular stock is better than the other stocks, then it may be a good place to look. It will help you identify strong stocks. A relative strength rating of 7 or better is a good sign. 2. Once you have identified a group of stocks that are strong, check important fundamental attributes of the company. Is the revenue of the company growing? How about earnings? At what rate are they growing? Most importantly, how do those fundamental values compare to other stocks? Our fundamental ratings can help here. 3. The next decision is how am I going to trade this stock? At what price will I enter the stock? To answer this question, we have found that technical analysis to be helpful. A disciplined technical analyst buys a stock when it retraces back to its support point or breaks out of its resistance. We give you two approach retracement and breakout approach. 4. Have a risk management plan. To err is human, but to get out of a bad investment is divine. 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