TRUE MARKET LEADER

"No one likes to be wrong. But letting your ego get in the way of proper analysis of prior action, or falling in love with a stock and failing to look at it objectively, are simply not sound when it comes to the market." - William J. O'Neil

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 : The NASDAQ Index is currently extended from key moving averages (10, 21, 50, and 200DMA) And it’s trending higher with the friday closing into new all time high. With the current trend it’s far better to lock in some gains in your portfolio positions whenever it reach 20-30% profit (SELLING ON THE WAY UP).

Not be suprised when we get the normal pullback to the moving averages,stick to the stocks which will resist the decline.

S&P500: The S&P500 Index had the same move on friday except the volume was low on S&P500,But all index are currently extended from moving averages.we need more volume (BUYERS) to keep this uptrend momentum going.

Any pullback to the key moving averages is welcomed and expected .

$ARM: I have a position on this and added on last two weeks .The stock made the nice move on friday.the future earnings estimate are still positive which is the major factor for the investor to scouping the shares.There was also volume increase on friday as the stock was breakout off the consolidation.

Will keep holding this position untill the stock character change.

$HLX: This stock volume has recently spiked when it was on the process of botoming and this is the sign of accumulation.The stok is currently trading at the pivot point .Inspite of having poor current sales and earnings ,the future positive esrnings estimate will make this stock to move higher.

I don’t have any position on this yet but see when to start the position at the pivot point .will share this on my discord group (link bottom of thread).

$MNDY: The stock is currently trading at the pivot point and the volume was declining when it was basing which is the good sign that investors dont want to sell or sell on few shares.The company has good sales and earnings and great future earnings expectactions. I do have position on this .

$PLTR: I have a position on this stock started around 25$ and will add when it will cross the blue zone on volume,The company has good fundamentals that is sales and earenings ,and the great ratings as its highlited on left above.

$RYAN: The stock filled the gap on lastweeks’ Tuesday as saying goes “gaps should be filed “'.will buy this stock on the nextweek because its currently trading at the pivot point (blue zone) as it was bounced off the 21-day moving average.

On the right side the volume has significantly increased which is the sign of accumulation.

IF YOU FOUND THIS IS HELPFULL , I HAVE DONE ANALYSIS OF MORE THAN 20 STOCKS ON MY DISCORD PREMIUM GROUP.

JOIN TO MY DISCORD COMMUNITY NOW FOR DAILY STOCK ANALYSIS LEARN WHEN AND WHERE TO ENTRE AND EXIST THE TRADE ;https://www.launchpass.com/true-market-leader-group/tmlvip

OR

IF YOU WANT TO USE MARKETSURGE FOR YOUR MARKET ANALYSIS CLICK HERE :https://t.ly/ecaFD

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