Rds.b

[Took2Summit]

RDS.B appears to be breaking out from a multi year consolidation. The last 14 trading days has sent the stock straight up. The 10 year chart looks like a perfect very long cup and handle. I am long already @66 and looking for this thing to start making new highs on the daily. My target is atleast 80

 

[Took2Summit]

RDS.B appears to be breaking out from a multi year consolidation. The last 14 trading days has sent the stock straight up. The 10 year chart looks like a perfect very long cup and handle. I am long already @66 and looking for this thing to start making new highs on the daily. My target is atleast 80

Out of RDS.B

This is one of the easiest trades I've seen in quite some time. I'll book a 30%+ gain in less then 6 months on a boring stock like this whenever I can.

 

[Brighton]

I have no opinion on the stock, but I just finished re-reading "When Genius Failed" and that was one of the trades that blew up LTCM. To be more precise it was a spread/convergence/arb trade with the two classes of Royal Dutch Shell stock.