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Showing posts from October, 2020

3 Supertrend Technique

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Watching this video again and learning more details about using Supertrend indicators. https://youtu.be/qMuWo9nvK The 3 supertrend setups... - 7,3 - 10,3 - 11,2 How to use... 1. Wait for 3 red or 3 green supertrend to form.  2. Long or short on the 3rd Supertrend after candlestick closes.  3. Exit when the price touches the supertrend line. Which time frame to use? - Intraday trading - 5, 10, 15 min - toggle among all 3 to confirm a signal.  Let's try it. - the rookie trader

Buy Uber?

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 Buy Uber at $35.50? 1. Green super trend.  2. 2nd pullback.  3. High obv.   Plus positive premarket. - the rookie trader

Buy Starbucks?

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Buy Starbucks at $88.65? 1. The First green super trend has appeared.  2. The first pullback after the super trend signal has appeared. 3. Positive earnings news... https://www.fool.com/investing/2020/10/23/3-things-youll-want-to-know-when-starbucks-announc/ Overall market sentiment is down today though. - The rookie trader

Buy Pfizer?

Buy Pfizer? 1. Second green supertrend. 2. First pullback from supertrend.  3. Good news... https://www.fool.com/investing/2020/10/24/3-top-growth-stocks-to-buy-before-the-election/

Buy Hyphens Pharma at S$0.415?

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 Should I buy Hyphens Pharma at S$0.415? - one green super trend has appeared  - There is the first pullback after the super trend  - Both OBV and price are testing the resistance level... Meaning there might be a breakout upwards  This is a risky one based on technical analysis only. - the rookie trader

On Balance Volume Trading Strategy

Volume  shows crowd sentiment as price bars carve out patterns that predict a bullish or bearish outcome. Volume supporting price action creates  convergence , adding reliability to directional signals. Opposing action creates  divergence , warning that market forces are in conflict, with one side eventually taking control. OBV generates more actionable signals than the green or red volume histograms commonly found at the bottom of  price charts . OBV hits a new high while the price tests resistance: bullish divergence, predicting the price will break  resistance  and surge higher, playing catch-up. The price hits a new high while OBV grinds at or below the last resistance level: bearish divergence, predicting the  rally  will stall or reverse. OBV hits new low while price tests support: bearish divergence, predicting the price will break support and surge lower, playing catch up. The price hits new low while OBV grinds at or above the last support level: bullish divergence, predicting

Staffing 360 Solutions and SPI Energy Stock Spikes

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Today's skyrocketing stock... Staffing 360 Solutions... Where's the rumor? Searched Google.  Found this... https://ownsnap.com/rocketing-stock-to-double-your-investments-staffing-360-solutions-staf/ The article was released 1.5 hours before market opened. Let's subscribe to...  https://ownsnap.com/ The second one is SPI Energy. News? ...  https://finance.yahoo.com/news/spi-energy-advances-edisonfuture-electric-083000355.html So, read Yahoo finance. Next action: Read and queue one hour before market opens. 8.00pm sg time.  - the rookie trader.

Buy SXTC at US$0.29?

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Should I buy SXTC at US$0.29? 1. It's a stock market rumour . 2. A green supertrend appeared yesterday. 3. It is cheap and has the potential to go to $1. Why not give it a go because there is not much to lose. - the rookie trader PS: I queued for SXTC 1,000 shares at US$0.29.

Where to Find Stock Market Rumors

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In the previous post, I learned how to predict stock markets spikes and gaps . One way is to find stock market rumors. I googled for "stock market rumors forum". I found this...  https://stockaholics.net/forums/stock-message-boards-nyse-nasdaq-amex.3/ Then I saw this thread... https://stockaholics.net/threads/chinese-pharmaceuticals-symbol-sxtc-going-hard-bull.10908/ Someone is trying to start a rumor about SXTC. I checked the stock and it seems to be valid, but it looks like it has already spiked... A small spike though... So it's worth a try... After all it's a penny stock. Should I buy SXTC at 29 cents? - the Rookie Trader Journal

How To Predict Stock Spikes

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I noticed most top 30% NASDAQ gainers open with huge spikes of big gaps. The question is... Is there a way to predict these spikes or gaps? I found the answer in this video... Https://youtu.be/lnaFm3-6hWw 1. Get the latest stock market news... Marketwatch.com 2. Search for stock market the rumors. 3. Compare rumors with the news.  We want to find rumors that are backed up with facts and are not yet in the mainstream news. Where to find stock market rumors? - The rookie trader journal

Buy AVI-TECH at S$0.435?

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Should I Buy AVI-TECH at S$0.435? Based on experts analysis,  1. The stock is bullish.  2. Target is S$6.00... based on POEMS research. 3. Buying one lot is no problem... Penny stock. Source:  https://www.poems.com.sg/ Should I follow expert analysis? Let's try for 2 to 3 stocks. - the rookie trader Update: I queued for 1,000 shares of AVI-tech at S$0.435... only 400 shares got through.

Buy Bio Key at $0.65?

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Should I buy Bio Key at $0.65? - top 30 gainer today - green supertrend - day and week - gap up Let's queue. The rookie trader

Buy SATS at S$3.06?

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Should I buy SATS at S$3.06? - the second daily green supertrend is triggered.  - coincides with the weekly green supertrend.  - good news for the airline industry...  https://www.todayonline.com/singapore/govt-doing-its-utmost-support-singapore-airlines-changi-airport-group-through-deep-crisis Keep if it goes the other way... Long term wise it will go up... Within 2 years... Plus earn dividends if any.  The rookie trader

Super Trend Alert Notification

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Is there a program that scans every stock in the market and alerts me or notifies me when a super trend indicator appears? I found one but it's a stock by stock setting...  https://wiki.timetotrade.com/Super_Trend_Alerts I may not use it because it does not scan every stock, but the trigger settings are some things I can Leann from. Let's hunt for my alerts... Or write my own app. The rookie trader journal