11/05/2014 – Solar city
Solar city Corp., SCTY:
1. In Tues. (Nov. 4) Williams edge stock meeting it was noted that any important break or weekly close below $56.30 would prompt an important decline to at/near $51.30 into later Nov. 2014.
2. Today’s (Wed., Nov. 5) Solar city session broke below $56.30 and quickly completed the majority of the forecast decline (today’s session low, $52.19, so far). While this made the trade nearly impossible to take advantage of, it further confirms that Solar city responds to the’s Roadmap principle and has sufficient volatility to complete distant price targets. Will message any further entry or indication.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.