sammyn 81 posts msg #145399 - Ignore sammyn |
11/30/2018 5:16:20 PM
Came up with a wonky idea, don't know if it will go or not. Here goes. Here are 4 stocks. If you had to buy one, which would it be, and why?
I like the CCI indicator, so, I threw that on there.
Basically, I narrowed down all my pics today, to these 3 stocks. I only wanted to make 1 purchase, as this is a new strategy I'm working on.
I ended up purcahsing ato, as I liked that chart the best. However, I'm more than willing to listen to critique. Let me know your thoughts. What you like or don't like about them (or any of them, for any reason). I'd like to make this a learning experience.
thanks!
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four 5,087 posts msg #145400 - Ignore four modified |
11/30/2018 6:53:19 PM
Questions
1. Take profit condition? price and quantity
2. Take loss condition? price and quantity
3. Average down condition? price and quantity
4. Average up condition? price and quantity
5. Do nothing condition.
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four 5,087 posts msg #145401 - Ignore four |
11/30/2018 7:09:47 PM
CCI
https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:commodity_channel_index_cci
Please define "like".
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Mactheriverrat 3,154 posts msg #145402 - Ignore Mactheriverrat |
11/30/2018 8:40:11 PM
OGS would be a good bet.
Long term Guppy Investors group has good strength.
Price near 52 week high.
Strong Bullish Candle on above average volume.
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sammyn 81 posts msg #145404 - Ignore sammyn |
11/30/2018 9:27:33 PM
Questions
1. Take profit condition? price and quantity
2. Take loss condition? price and quantity
3. Average down condition? price and quantity
4. Average up condition? price and quantity
5. Do nothing condition.
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Thanks four, for your questions.
Currently I trade by setting a stop based upon a previous swing low. If I don't get taken out, I convert the hard stop to a trailing stop. I do not average down or up. If I feel there has been some type of an explosive move, I will manually get out, or tighten the stop to take advantage of the move.
I'm still learning and defining my exit strategy. I feel this is the weakest part of my trading.
What I want, to do, is catch a stock in a trend change, or pull back in an upward trend. I like to use Guppy coupled with CCI. I'm looking for a solid and wide investor EMA band. I look those with the trader emas generally above the investor emas, but, have recently experienced a pullback with a deep CCI(14) < -100
Here is another view of ATO.
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sammyn 81 posts msg #145405 - Ignore sammyn |
12/1/2018 10:15:12 AM
Mac,
thanks for that view. I'm always amazed how someone else's chart, makes something look just a little different.
btw, I'd be also interested in hearing other view points. Even if you don't like any of these, simply because they don't fit your trading style. My thoughts are to learn, and understand different view points.
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johnpaulca 12,036 posts msg #145417 - Ignore johnpaulca |
12/2/2018 11:02:53 PM
huge amounts of stocks with double bottoms ready to breakout. I will choose KEYS(61.82) to trade. Take a look at this setup and tell me what you think. Would you have traded this using your setup?
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Mactheriverrat 3,154 posts msg #145418 - Ignore Mactheriverrat |
12/2/2018 11:12:47 PM
Its a great setup to me. Market should be up this week and maybe for the rest of the month if Trump and XI can get the trade crap behind us. I'm watching LL and PTCT.
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snappyfrog 721 posts msg #145419 - Ignore snappyfrog |
12/2/2018 11:15:56 PM
As of today, TAP is the only one I would buy on Monday. The other 3 I am looking to fall the next 1-3 days at least.
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johnpaulca 12,036 posts msg #145420 - Ignore johnpaulca |
12/3/2018 12:17:56 AM
TAP...has a nice consolidation, who knows how long this continues. I would buy the retracement after the breakout. Will likely gap $2 on the breakout.
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