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"Successful people never stop learning. They read books, get extra training to acquire skills and seek out mentors." - William J. O'Neil
MY DISCORD COMMUNITY IS ALMOST FILLED (85%) ,SECURE YOUR SPOT NOW BY CLICKING HERE https://www.launchpass.com/true-market-leader-group/tmlvip
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. |
I HAVE MORE THAN ONE TRADING ACCOUNT SO WHEN I’M SAYING I HAVE A POSITION THIS MEANS IN ONE OF MY TRADING ACCOUNT. |
MOVING AVERAGES USED |
REDLINE = 50 DAY MOVING AVERAGE |
GREENLINE = 10 DAY MOVING AVERAGE |
PINKLINE = 21 DAY MOVING AVERAGE |
The Nasdaq composite ended the day down 0.8% and notched a weekly decline of 1.3%. Bulls will say such a decline is not unexpected given this was a first losing week in six. The Nasdaq is now making a test of buying support at the 10-day line but remains above its other moving averages. It is still up nearly 7% so far in 2023.
let see how the index will act into nextweek if we can get pullback nextweek then we will be paying attention to stocks which will fall the least.
The S&P 500 fell 0.5% on Friday and declined Nevertheless, it maintains a healthy gap above its 50 Day Moving average as it tests the 10-day moving average. The index also holds a gain of more than 5% for the year so far.
The index is not too much extended from short term moving average.we can expect a pullback if we can get enough bears/sellers.
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. |
I HAVE MORE THAN ONE TRADING ACCOUNT SO WHEN I’M SAYING I HAVE A POSITION THIS MEANS IN ONE OF MY TRADING ACCOUNT. |
MOVING AVERAGES USED |
REDLINE = 50 DAY MOVING AVERAGE |
GREENLINE = 10 DAY MOVING AVERAGE |
PINKLINE = 21 DAY MOVING AVERAGE |
RATING:A I bought the stock after gap up on volume,my sl is slighly below the Thursday candlestick. RS line is at all time high .better EPS and sales plus positive expectation this year.
RATING :A. I sold two third of my position on this ,and will let the rest run,it currently showing tightness let see it will act into nextweek.
RATING:A. I have a position on this and the stock looklike it want fill the gap ,will continue to hold until changing in character happen.Good fundamentals and technical.
RATING:B. I’m looking forward into buying the stock when it will make a pullback to buying range (blue zone).The company has both good EPS and sales plus positive future earnings expectations.
RATING: B. I still have my position on this and will see how it will act around 10-day moving average.It made a pullback on below average volume which is a good sign ,means there is no few sellers.
RATING:B. I sold my whole position on this and its pass for me now because it is broken 21 moving average which it respected for longtime ,also too much distribution on the chart.
RATING: A. The company will report the earning the next four days. Will reduce my exposure on this by Tuesday or Monday.
RATING: A. The stock made inside week candlestick.it also will report the earring the next three days.will reduce my exposure on this stock before earning .
RATING: A. I still have a position on this will see how it will act onto the nextweek.stock fundamentals I.e EPS and sales are good and has good story,the only limit may will come the general market.
RATING :A. Will continue to hold my shares from this company as long as it will continue act as it currently doeas.hope nextweek general market will be strong.
THANK YOU
FOR YOUR TITML 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
NB;ALL GRAPH/CHART IS FROM MARKETSMITH APP WHICH IS IBD TRADEMARK. You can join here : https://t.ly/UxNt0 |
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