Monday, September 30, 2013

Week of Sept 30 2013

As I mentioned, one of the things I got into recently was technical analysis. It was a slow learning process but I think I get the hang of it. Other than doing the charting myself, I also rely on stock screen to quickly identify certain stocks that would fit my preset criteria either fundamentally or technically. One very good site that I use for stock-screen is finviz.com. Check it out.

On one of my fundamental screening, a few attractive tickers appeared. One being NetSol Technology (NTWK). At the point, it was traded at $10.58. There were long list of parameters I put in thus not going to list out here, however it consists of PEs, Ratios, Margins.

When I came across the stock, it just released a positive earning and the stock pop up and dropped back since then. It was last traded at $10.14. 

I entered a leap call on this and hope it pays off.

Cheers.

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