Capital Title Group (CTGI)

Company

"Capital Title Group, Inc. ... is a national provider of title, appraisal and other transaction services to the real estate and mortgage lending industries.... Headquartered in Scottsdale, Arizona, Capital Title Group, Inc. through its subsidiaries offers services throughout the United States for title insurance, appraisal and valuation services, and other related services to residential and commercial customers in the real estate and mortgage lending industries." (company website)

Buy

23-Feb-05. CTGI recovered to the previous high set in early February. Although price momentum (PPO) is flat and the trend is weakening (ADX), relative strength is improving (RSI) and money flow is picking up (CMF).

Sell

3-Mar-05. I grew skittish this morning when CTGI opened higher but drifted lower after four days of strong price movement. The last two days were marked by indecisiveness (long tails on the candlestick), so I decided to grab profits while they were available. The continued slide in trend strength (ADX) was the deciding factor. The stock is overbought, and that cannot last very long with falling buying pressure (+DI).