Top Undervalued Stock Ripe for the Picking: Analysis for Experienced Binary Options Traders
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Top Undervalued Stock Ripe for the Picking: Analysis for Experienced Binary Options Traders
April 9, 2013What is an undervalued stock and how do you identify it without falling into traps? Well, before anything a solid dose of common sense is always useful, particularly when it comes to high risk high reward financial instruments such as binary (all or nothing) options. The first stock is Telefonica (TEF.MC). Taking a look at the chart below its clear to see that the downtrend formation (Red Line) after indicator confirmation has reached the 9.5 mark (see red triangle). Since we are looking at a 6 month snapshot I would say that the dark cloud cover followed by a dark …
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