For Shorting like my Dixon short trade -Find stocks that have negative monthly price cycle & turning into EMA 10/20 on weekly
From there you can get low risk entry point & good R:R
Just need 1-2 good short trade for a 3% monthly gain. Extreme patience to wait for best time
More from EquiAlpha -MidTerm Momentum🐎🐎
As I said yesterday, I will be sharing the some of my screeners in this thread 🐎
Please note Screener will help you to reach momentum but you need to see chart & further segregate trends manually (1/n)
Do retweet & like so that it reaches maximum people
Screener 1) +ve ADX DMI Breakout to find out where the action is going on a particular day, you can then look onto stocks and find setups and patterns to trade.
Link - https://t.co/fIKlWSloNw
(1/4)
Screener 2) Going one level more deep into ADX where we find up stocks which are already in trend on weekly
1) Weekly ADX >25 indicating the trend is already there
2) +DMI breaking out
3) Stock within 15% of 52w high
4) Stock above 200 SMA
Link-
Screener 3) This is based out of within 20% of ATH Stocks. I have also added few fundamentals to it. You can change variables according to it
Link -
Screener 4) RSI which is a momentum indicator
RSI breaking out can give you names where momentum is picking up and then you can look onto charts for buy points
Link -
Please note Screener will help you to reach momentum but you need to see chart & further segregate trends manually (1/n)
Do retweet & like so that it reaches maximum people
Screener 1) +ve ADX DMI Breakout to find out where the action is going on a particular day, you can then look onto stocks and find setups and patterns to trade.
Link - https://t.co/fIKlWSloNw
(1/4)
Screener 2) Going one level more deep into ADX where we find up stocks which are already in trend on weekly
1) Weekly ADX >25 indicating the trend is already there
2) +DMI breaking out
3) Stock within 15% of 52w high
4) Stock above 200 SMA
Link-
Screener 3) This is based out of within 20% of ATH Stocks. I have also added few fundamentals to it. You can change variables according to it
Link -
Screener 4) RSI which is a momentum indicator
RSI breaking out can give you names where momentum is picking up and then you can look onto charts for buy points
Link -
The other way to look at this is that..The stock went below 21 month EA in 2008 & 2020 crash
Something is happening really too bad and worst is yet to come for entire market !!
Something is happening really too bad and worst is yet to come for entire market !!
HDFC bank Monthly Chart :
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) March 7, 2022
In last 20 years - Only 2 times the stock has gone below 21 month EMA as market. This seems the third time (Monthly close will confirm )
Don't know but something seems off !!
Lets check again on month end pic.twitter.com/9eeVfikdnU
More from Screeners
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First update to https://t.co/lDdqjtKTZL since the challenge ended – Medium links!! Go add your Medium profile now 👀📝 (thanks @diannamallen for the suggestion 😁)
Just added Telegram links to https://t.co/lDdqjtKTZL too! Now you can provide a nice easy way for people to message you :)
Less than 1 hour since I started adding stuff to https://t.co/lDdqjtKTZL again, and profile pages are now responsive!!! 🥳 Check it out -> https://t.co/fVkEL4fu0L
Accounts page is now also responsive!! 📱✨
💪 I managed to make the whole site responsive in about an hour. On my roadmap I had it down as 4-5 hours!!! 🤘🤠🤘

Just added Telegram links to https://t.co/lDdqjtKTZL too! Now you can provide a nice easy way for people to message you :)

Less than 1 hour since I started adding stuff to https://t.co/lDdqjtKTZL again, and profile pages are now responsive!!! 🥳 Check it out -> https://t.co/fVkEL4fu0L

Accounts page is now also responsive!! 📱✨

💪 I managed to make the whole site responsive in about an hour. On my roadmap I had it down as 4-5 hours!!! 🤘🤠🤘