Hint this week: Monthly chart stretching back ten years.
Try to guess:
- The ticker symbol of the chart;
- The sector in which the stock trades; and
- Whether or not you think the stock will move higher or lower throughout 2014 or will break lower.
Thank you to everyone who has been playing along.
Please click on chart to enlarge
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Chess
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.
Good work!
Thanks Chess!