“Sudden rises in price and volume, out of the ordinary relative strength, and movement against the general market trend are all giveaway signals which reveal the presence of a stock about to take off”
Nicolas Darvas
More from Richard Moglen 📽️🦁🚢
What is a True Market Leader / TML (Thread)
(And how to find them)
In one sentence a TML is an institutional quality stock in a leading industry group with superior fundamentals and technicals
These are monster stocks which over the course of weeks and months increase +100% to +5,000%
TMLs are popular with traders/investors whose methodology is based on the CANSLIM system developed by William O'Neil.
He called them Model Book Stocks. Huge winners worth studying to identify common characteristics that they all share
O'Neil studied over 1000 model book stocks going back to the 1880s.
Many are shown and discussed in these must read books
How To Make Money in Stocks, O"Neil
https://t.co/S2sShZedUm
Monster Stocks, John Boik @monsterstocks1
A Few Examples courtesy of @SystematiCK_
Pic N Save
(And how to find them)
In one sentence a TML is an institutional quality stock in a leading industry group with superior fundamentals and technicals
These are monster stocks which over the course of weeks and months increase +100% to +5,000%
TMLs are popular with traders/investors whose methodology is based on the CANSLIM system developed by William O'Neil.
He called them Model Book Stocks. Huge winners worth studying to identify common characteristics that they all share
O'Neil studied over 1000 model book stocks going back to the 1880s.
Many are shown and discussed in these must read books
How To Make Money in Stocks, O"Neil
https://t.co/S2sShZedUm
Monster Stocks, John Boik @monsterstocks1
A Few Examples courtesy of @SystematiCK_
Pic N Save
#Study & #learn from past super #stocks
— SystematiCK Trader (@SystematiCK_) September 26, 2020
Example 22: Pic N Save - 1979
Sharpen your eyes & internalize
- which fundamental and technical setup fuelled the big gain
- how trade management was done
- the importance of acc./distr. volume
Credit to the great W. O\u2019Neil! pic.twitter.com/m888ZaGyMV
More from Screeners
This scan will give you linear/smooth/non-choppy trends which are great for pullback trades for working people.
#BroTip
#BroTip
If you want to trade only stocks with established trend/momentum, then you can look for stocks which have never(or barely did) closed below a certain MA (say 50MA) in the last say 50 days.
— Manas Arora (@iManasArora) November 8, 2021
There are countless ways to run scans. Just have to get creative. #BroTip
May please read the attached tweet once again for a key LEARNING
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L

Can you anticipate a breakout? Yes
— The_Chartist \U0001f4c8 (@charts_zone) June 10, 2022
the attached tweet.
now the chart is for USDINR https://t.co/Vb2wKaCvTB pic.twitter.com/INo0GC4fGY