And the Winner Is…

Congratulations to first-time winner and long-time reader “ctb007” for correctly guessing the mystery chart in my latest Name That Chart post.

The correct answer is that the mystery chart was the monthly timeframe of AVP, Avon Products, the cosmetics firm.

Here is what ctb007 had to say:

I believe the stock is Avon Products (AVP). The stock is in the consumer goods or personal products sector.  I think the stock continues to go lower.  Over the last 4 years the stock is down.  If it did not work in a rip roaring bull market I can’t imagine why it possibly would now.

What do you think about AVP?

Thank you to everyone who played.

I will be back later with ideas for Monday.

But I already gave tight analysis in my latest Weekly Strategy Session published, earlier today. Check it out!

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