GEN isn't a household name, but it should be - LONG @ 29.82Its trading history goes back to the late 1980s (it was Symantec back then), and that history has been a stellar one as far as my trading system goes.
Over 1000 trades with a low max drawdown, an average turnaround time of 11 trading days and an average gain of about 2.5% per trade puts it just outside my top 30 large cap names regarding its composite performance/safety score.
Going back to the beginning of the tight upward channel in mid-May, it has produced over a dozen trades. Only one has lasted longer than 3 days before becoming profitable and that one ended up being the most profitable one of the bunch.
Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
