Categories Screeners
A threadπ§΅π§΅π§΅π§΅
Like and Retweet
Stocks showing Relative Strength their
Shorter Period Moving Averages(say8,13)
would be either distancing away or Smallest period(8) MA line would be above or
converging towards a Smaller period(13) line but would be above it.
Example: See how they fared with CNX 500 #MRPL
#GSS(both running away defying market fall) while #Ghcl #Welcorp (resisting fall with market shown by converging ma but 8 ma line over 13 ma)
Compare it with stocks showing weakness
#Supriya #Intellect
Greater the difference b/w Moving Averages greater the Strength
A scanner to find stocks with help of MAs showing Relative Strength
https://t.co/Dt6n7iX3PT
Adjust the settings in the below scanner with 1.02/1.03 to find stocks in Higher Momentum
@sarosijghosh @VCPSwing
Sir Edwards & Magee discussed sloping necklines in H&S in their classical work. I am considering this breakdown by Affle as an H&S top breakdown with a target open of 770.
— The_Chartist \U0001f4c8 (@charts_zone) May 25, 2022
The target also coincides with support at the exact same level. pic.twitter.com/n84kSgkg4q
The day you will start thinking from the perspective of "what smart hands are doing" you will start making a lot of money.
They run the market, not your and mine minor orders. Follow their footsteps.
Method of Tape Reading by Richard Demille Wyckoff https://t.co/YDKP7gMp6D
Selling volumes high? NO
— The_Chartist \U0001f4c8 (@nison_steve) October 18, 2021
Selling candles big? No
Are they doji/spinning tops? Yes
Price in narrow range? Yes
Previous volumes while buying high? Yes, so if someone bought huge, he is still sitting
What's going on? Weak hands booking profits.
IEX - Updated chart https://t.co/GABkSthg5L pic.twitter.com/hmjBtM2GQK
I highly recommend this book to all the beginners in stock market.
Sir, if not wrong you taught MACD -H in your elearn webinar also? From where you have learned it?
— Prakhar (@Indiantrader101) August 23, 2021
* Trading for a Living
For my trading strategy, 13-day & 22-day EMAs are more suitable.
If SmallCap dips below these MAs & they get into the bearish sync, I get cautious & reduce my position size.
Sir as you follow the smallcap index,do you take full positions when it\u2019s trading below its key moving averages or wait for some confirmation? pic.twitter.com/ph6HTJ9rbD
— Dhanesh Gianani (@dhanesh500) November 30, 2021
In any activity the distribution of outcomes follows bell curve (Gaussian).
Those that are willing to put in effort reap the benefits. π
Otherwise we always have option to go for hard working PM's/etf/mf
Things to need to do before you buy a stock. I wonder though how many investors have the ability for item numbers 5, 6 & 7. I don't pic.twitter.com/E5AMVxbpNb
— Prashanth (@Prashanth_Krish) August 16, 2021
For lot of consumer facing cos scuttlebutt is actually not that hard. We find reviews online (eg: app reviews on playstore, or reviews of products on social media)
B2B is hard to scuttlebutt, need to reach out to people in co and hope that are willing to talk. Connections help
@AdityaTodmal bhai can you add this in your best thread tweet this week.
Mast Information π―
Thankyou @Prashantshah267 sir for sharing π
Thread of threads I have written on the Twitter:
— Prashant Shah (@Prashantshah267) November 29, 2020
Link to my books, blogs and videos:https://t.co/yZjlVPpKs4