It's a secret recipe 😋
But I can give you some pointers-
1) Choose stocks in Stage 2 with RS > 75
2) Identify these setups - Cup with Handle, High Tight Flag, Rectangle, VCP, Squat, Low Cheat, 3-C.
2) Wait for the significant contraction in daily range, volatility & Volume.
How do u screen stocks???
— \u2206bhishek Jain (@AbhishekTMM) August 6, 2021
More from Ravi Sharma
Excellent move in #TATAPOWER today.
Signs are all over the place, you just needed to read them. https://t.co/17bwpa1psj
Signs are all over the place, you just needed to read them. https://t.co/17bwpa1psj
#TATAPOWER is consolidating nicely around 50 & 10-DMA.
— Ravi Sharma (@StocksNerd) April 1, 2022
3 Pocket Pivot days in the last couple of weeks are signaling the interest of buyers.
4 months long base.
Steady growth in Earnings & Sales in the last 3 quarters.
Relative Strength: 77
Group Rank: 22 pic.twitter.com/2WFeUGiV1z
Read everything written on Wyckoff, Livermore and written by Wyckoff, Livermore.
You would find the roots of all patterns, especially the trend/momentum following ones in their methods.
Once you get the dynamics of Price/Volume, any good book on chart patterns will do.
You would find the roots of all patterns, especially the trend/momentum following ones in their methods.
Once you get the dynamics of Price/Volume, any good book on chart patterns will do.
Any book in which we can read such patterns and the knowledge you have?
— Krish (@MasculinityMon1) August 13, 2021
Instead of Simple Moving Averages, I use Weighted Moving Averages. I use the following signals to identify Stage 2-
1) 50 WMA > 100 WMA > 150 WMA > 200 WMA
2) Price is within 25% range of its 52-Week High and above 30% or more from its 52-Week Low.
1) 50 WMA > 100 WMA > 150 WMA > 200 WMA
2) Price is within 25% range of its 52-Week High and above 30% or more from its 52-Week Low.
Just one question , how do u differentiate stage 2 from 1 , apart from volume , what else do u look ?
— Priyanshu (@Priyans48107837) August 6, 2021
More from Screeners
Such opportunities only come once in a few years.
Step-by-step: how to use (the free) @screener_in to generate investment ideas.
Do retweet if you find it useful to benefit max investors. 🙏🙏
Ready or not, 🧵🧵⤵️
I will use the free screener version so that everyone can follow along.
Outline
1. Stepwise Guide
2. Practical Example: CoffeeCan Companies
3. Practical Example: Smallcap Consistent compounders
4. Practical Example: Smallcap turnaround
5. Key Takeaway
1. Stepwise Guide
Step1
Go to https://t.co/jtOL2Bpoys
Step2
Go to "SCREENS" tab
Step3
Go to "CREATE NEW SCREEN"
At this point you need to register. No charges. I did that with my brother's email id. This is what you see after that.
Step-by-step: how to use (the free) @screener_in to generate investment ideas.
Do retweet if you find it useful to benefit max investors. 🙏🙏
Ready or not, 🧵🧵⤵️
I will use the free screener version so that everyone can follow along.
Outline
1. Stepwise Guide
2. Practical Example: CoffeeCan Companies
3. Practical Example: Smallcap Consistent compounders
4. Practical Example: Smallcap turnaround
5. Key Takeaway
1. Stepwise Guide
Step1
Go to https://t.co/jtOL2Bpoys
Step2
Go to "SCREENS" tab
Step3
Go to "CREATE NEW SCREEN"
At this point you need to register. No charges. I did that with my brother's email id. This is what you see after that.