The Traderszone Network

Published in TZ Latest News 8 October, 2014 by The TZ Newswire Staff

FleetCor, Salix Stage Round Trips

With the market in correction mode, investors have to watch out for stocks setting off sell signals. Two Sector Leaders from Wednesday’s paper, Salix Pharmaceuticals (SLXP) and FleetCor Technologies (FLT), staged round trips from their recent breakouts. A round trip is a sell signal that takes place when a stock gives up a double-digit gain after clearing a buy point. Do not let a large gain turn into a loss.

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