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mkopi nyaumba
November 27, 2023

‘‘The first step in learning how to pick big stock market winners is to examine leaders of the past, like those you're about to see, to learn all the characteristics of the most successful stocks’’-WILLIAM J O’NEIL

All indices remains well above their 50-day moving average and their short-term moving averages (10 and 21 MA).

We can expects some pullback to the key moving averages (10,21 and 50)

NASDAQ FLAG;we may get some pullbacks to the key moving average

S&P 500 ,WE CAN EXCPECT PULLBACK TO THE KEY MA

HERE ARE LIST OF STOCKS WHICH I HAVE BOUGHT OR I’M LOOKING TO BUY ONTO THIS WEEK.

MY STOCK PERFORMANCE RATING IS A+,A,B AND C WITH A+- BEING THE TOP AND C-BEING NORMAL

RATING: B. CURRENTS EXTENDED,I DONT WANT IT.

RATING:A . I HAVE POSITION BUT ITS EXTENDED CURRENTLY FOR NEW BUYING

RATING: A . I STILL HAVE POSITION BUT ITS EXTENDED FOR NOW

RATING:A . I HAVE A POSITION AND THE STOCK IS HOLDING WELL 10-DAY MOVING AVERAGE

RATING: B . I DONT HAVE POSITION ON THIS ,WATCHING IF IT WILL MAKE CUP WITH/WITHOUT HANDLE,WILL BUY AT THE PIVOT POINT.

RATING : B . I DONT HVE A POSITION BUT THE STOCK IS ACTING WELL AND EXTENDED

RATING: A. I DONT HAVE POSITION ON THIS BUT BUY AT THE PIVOT POINT

RATING; A I HAVE POSITION AND THE STOCK IS ACTING WELL AND EXTENDED FOR WHILE

RATING: B . I DONT HAVE A POSITION AND THE STOCK IS EXTENED

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RATING: A. REDUCED MY EXPOSURE ON THIS STOCK LAST WEEK BUT WILL CONTINUE TO MONITOR IT IF WILL BOUNCE OFF 20 OR 50-DAY MOVING AVERAGE

RATING: B. I LOOKING TO START A POSITION THIS WEEK AS THE STOCK IS AT THE PIVOT POINT

RATING: A . I HAVE A POSITION AND THE STOCK IS EXTENDED FOR NOW

TML FIVE TRADING RULES
1. Buy the stock as it break above base or trendline on above average volume
2. Sell -4% to 7% from buy point,intra-day
3. Take gains 20-30% above buying point
4. Use trailing stoploss to protect your gains
5. If you have three straight failure -4% to 7% ,stop buying and do postanalysis
THANK YOU FOR YOUR TIME 

NB;ALL GRAPH/CHART IS FROM MARKETSMITH APP WHICH IS IBD TRADEMARK.

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