LEIBOVIT VR TUTORIAL ON METASTOCK FOR TRAK - DEALERTRACK TECH - JUNE 22, 2015

From the desk of Top Market Timer Mark Leibovit.

On June 15 around 2 PM EST Cox Automotive announces buying Dealertrack for $4 billion 

Here is the story:

Digital marketing and e-commerce company Cox Automotive Inc. will buy Dealertrack Technologies Inc. in an all-cash deal worth about $4 billion. Atlanta-based Cox Automotive focuses its services on the automotive industry. Among its properties are Kelley Blue Book, Manheim and Autotrade.Lake Success, N.Y.-based Dealertrack makes software used by the auto dealerships.

The deal values Dealertrack at $63.25 per share, marking a 61% premium from its closing price of $39.19 on June 12. The companies expect the deal to close in the third quarter.

Here is what the Leibovit VR told you.  A Leibovit Positive VR (shown in the video) was formed on Friday, June 12 accompanied by a strongly rising 5/3/3/ stochastic. If you went long using the appropriate stop of 38.65 (the most previous low), you would have a very nice positive surprise during the day on Monday.  Don't tell me someone didn't know the announcement was coming. This is why the VR is such a valuable tool. It follows the big buyers and big sellers, the smart buyers and the smart sellers.

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