TML newsletter number 45

“The best things in life are free. Which means they cost time. Which money can buy”- ALEX HORMOZI

MOVING AVERAGE LINES USED

REDLINE = 50 DAY MOVING AVERAGE

GREENLINE = 10 DAY MOVING AVERAGE

PINKLINE = 21 DAY MOVING AVERAGE

BLACK LINE = 200 DAY MOVING AVERAGE

NASDAQ INDEX: The nasdaq started lastweek with stalling action (no big price movement) from Monday to wednesday,then on Thursday we had big breakdowon below the 21-moving average. as i had stated in my previous newsletter the two major index were extended from the key moving averages. so the pullback was expected as i was kept warning to all my last three weeks newsletter.

The index is now trading below the 21-moving average and it heading to 50-day moving average,For now its better to have little or no exposure until the pullbak is over.

S&P500 INDEX: This index also started lastweek with the same action as NASDAQ INDEX and it also brokendown below the 21-daily moving average,Historically the this index is usually lagging slightly to the NASADQ INDEX,that’s during correction the NASDAQ will fall faster and during the new bull market the NASDAQ also will be the first one to have new uptrend move.

The companies from this index were less damaged during Thursady and friday sell-off.staying on sidelines until the pullback is over and continue to monitor the stocks which the decline.those are stocks which resist decline will be the leaders when new uptrend begins.

$FTI: This stock is currently trading at the buying zone (blue zone) and it has best future earnings estimate plus the accelerating triple digit earnings .The stock is a standout in this week market and it’s belong to the strong energy sector. will be looking to start a position on this stock .

TDW: This also is belong to the energy sector which was the strong sector the last two days of the lastweek. The stock has a positive future earnings estimate and accelerating sales and earnings .As you can see on top left side of the chart the company has best great rating i.e Group ratings and composite ratings.

This stock will have two entry as i have shown with redline.

WFRD: This stock is the best example of standout company because it resisted the decline on Thursday and Friday . The stock is currently trading at the buying zone (blue zone).The stock has best future earnings estimate and accelerating sales and earnings .

will be looking into buying this stock if we will get strong market.

COIN: This stock was strongest on friday when the whole market was falling,may be due to the cryptocurrency bull market.the company has good accelerating sales and earnings though the future earnings estimate are negative which may change due to change of cryptocurrency fundamentals.The chart has two entries ,the first one is when it will cross the readline and the second entry is the green dotted line.

I hope this analysis helps you solve the challenge of learning how to analyse stocks and general market. If you’re just getting started on trading or have been trading for awhile and struggling, consider my premium discord community, TML IC

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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

^{DISCLAIMER;This email It does not contain (legal) advice. Although we try to provide quality information, we do not guarantee of results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance for a particular purpose}.