A Trade that Works On Two Fronts

As I have said many times in the past in these pages there are
two basic types of analysis for anything traded, fundamental and
technical, and the best trades are when they both suggest the same
thing. Usually, because I generally adopt a “top-down” style, the
fundamental case comes first, and is then confirmed by the
technical. Sometimes, however, I am struck by a chart first and the
more I think about it, the more the fundamental case supports the
trade. That was the case this week when I looked at the
environmental services company,…

As I have said many times in the past in these pages there are
two basic types of analysis for anything traded, fundamental and
technical, and the best trades are when they both suggest the same
thing. Usually, because I generally adopt a “top-down” style, the
fundamental case comes first, and is then confirmed by the
technical. Sometimes, however, I am struck by a chart first and the
more I think about it, the more the fundamental case supports the
trade. That was the case this week when I looked at the
environmental services company,…