This book on Market Breadth is from 2005. This led me to move in this direction and I improvised with day to day REAL trades experience and observations.
By your logic, anyone using this concept after 2005 is stealing from here. https://t.co/vWx8GaqrRp
just to be clear he is referring @iManasArora who stole work of @PradeepBonde and did not gave any credit
— Long-Term Equity Trading\U0001f4c8 (@LTE_Trading) April 25, 2022
More from Manas Arora
#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
Notice how strong the trend was, volume pre & post-breakout etc. They have so much in common. This is my bread & butter. I just repeat this day-in & day-out. No rocket science
#BroTip
1/2
https://t.co/AeUkzgVM7S
https://t.co/1znMi5Cjgk
https://t.co/5R1i8ijiUY
https://t.co/VOVTxOdPCv
https://t.co/vhBIwLuk8q
https://t.co/3xcKeJtmYe
https://t.co/PXjWVPVsLz
https://t.co/SBkSALkL3U
https://t.co/NBNSLTaD5O
https://t.co/JS08fLd4PI
2/2
More from Screeners
You May Also Like
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K