TML newsletter number 48

‘‘I have two basic rules about winning in trading as well as in life: (1) If you don't bet, you can't win. (2) If you lose all your chips, you can't bet.”- LARY HITE

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 index had a nice move last week although the volume was below average. the index is currently facing resistance. Let’s see how this index will act next week, if it goes through the resistance we can get a volume increase and hence many stocks will break, following the market.

S&P500 INDEX: This index made the same action as the NASDAQ although it was lagging, the volume was below average, it’s also now facing resistance. breaking out above the current resistance may require an increase in volume. One thing I can suggest with this market is to play according to the performance of your portfolio.

APP: This stock has great accelerating earnings and sales plus positive future earnings estimation. the stock is currently approaching the resistance ,will be buying this stock if can get a breakout abov the line on volume.

IOT: This stock has great fundamentals and it’s currently trading at the pivot point after a nice breakout above the redline on the last week then made a pullback on the last three days of the week.will be looking to buy the stock around pivot point if we can get strong market.

This analysis is designed to assist individuals in overcoming the challenges of stock analysis and general market understanding. Those who are new to trading or have been experiencing difficulty despite their experience may find it beneficial to explore the premium Discord community, TML IC

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HTML FIVE TRADING RULES

1. Buy the stock as it breaks 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 stop loss to protect your gains

5. If you have three straight failures -4% to 7%, stop buying and do post analysis

^{This email does not have: I just wanted to let you know that this email does not contain (legal) advice. Although we try to provide quality information, we do not guarantee the 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}