{"id":75,"date":"2012-01-25T13:20:03","date_gmt":"2012-01-25T18:20:03","guid":{"rendered":"http:\/\/morpheustrading.wordpress.com\/?p=75"},"modified":"2012-01-25T13:20:03","modified_gmt":"2012-01-25T18:20:03","slug":"12-gain-on-an-8-day-hold-nuance-communications-nuan","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/12-gain-on-an-8-day-hold-nuance-communications-nuan\/","title":{"rendered":"12% gain on an 8-day hold &#8211; Nuance Communications ($NUAN)"},"content":{"rendered":"<p>Here is a review of a recent long entry into Nuance Communications ($NUAN), which we recently sold for a 12% gain with an 8-day holding period.<\/p>\n<p>In the pre-market on January 5, subscribers of the<em> <a title=\"Sign up for the MTG Stalk Sheet\" href=\"https:\/\/morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\">MTG Stalk Sheet<\/a><\/em> were alerted to a potential breakout setup in NUAN. \u00a0Below are two charts that are snapshots of the price pattern at that time.\u00a0The first chart below shows the breakout action on the longer-term monthly\u00a0time frame, while the bottom chart shows the tight consolidation pattern on the daily chart, which was holding above the 50-day moving average. We have also labeled our buy entry point from that day, along with our initial stop price:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/charts\/2011\/120105NUAN1.gif\" alt=\"NUAN1\" width=\"579\" height=\"444\" border=\"0\" title=\"\"><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/charts\/2011\/120105NUAN2.gif\" alt=\"NUAN2\" width=\"579\" height=\"444\" border=\"0\" title=\"\"><\/p>\n<p>As anticipated, the NUAN buy entry triggered on January 5th. Below is the price action subsequent to our entry:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.morpheustrading.com\/~rick\/charts\/2011\/120125NUAN.gif\" alt=\"NUAN3\" width=\"579\" height=\"444\" border=\"0\" title=\"\"><\/p>\n<p>As the chart above illustrates, we locked in a 12% gain (on an eight day hold) in NUAN by selling into strength of the slight gap up on January 17th.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is a review of a recent long entry into Nuance Communications ($NUAN), which we recently sold for a 12% gain with an 8-day holding period. In the pre-market on January 5, subscribers of the MTG Stalk Sheet were alerted to a potential breakout setup in NUAN. \u00a0Below are two charts that are snapshots of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-75","post","type-post","status-publish","format-standard","hentry","category-stock-trading-strategy"],"_links":{"self":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/75","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/comments?post=75"}],"version-history":[{"count":0,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/75\/revisions"}],"wp:attachment":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media?parent=75"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=75"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=75"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}