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Showing posts from January, 2021

Should I buy AMWL stock now

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Is it a good time to buy AMWL stock? AMWL is listed in MarketInOut Supertrend Screener. So I checked Yahoo Finance and saw this. It's the first solo Supertrend buy signal. The average volume is over a million. The price is above the Pivot Point. That is my buy criteria. So, I bought it for US$30. ~ rookie swing trader 

Free Supertrend Screener for NASDAQ and NYSE

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It's too inefficient to search for stocks with the Supertrend buy signal. Here's what can be better. - Code my Supertrend screener  - Find a Supertrend screener online.  Today, I found one... a free Supertrend screener for NASDAQ and NYSE...  https://www.marketinout.com/stock-screener/stocks.php?screen=supertrend3_7_bullish_reversal&picker=supertrend&flexible=osc;supertrend;3,7;rev_bull It's not the full list though. I get only those stocks from the top of the alphabetical order. Maybe that's good. So I don't have to sift through hundreds. This is what I see today. I checked AKAM on Yahoo Finance and confirmed the buy signal. So I bought AKAM at $108.58. ~ rookie swing trader

Delete Your Stock Watch List Like There Is No Tomorrow

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Dear trader, I wish I could tell you that you are going to like this story. I deleted my entire watch list. Why? It is a list of stocks that I have manually screened to buy. The stocks moved up. One of them more than 100%... ZOM. I didn't buy any of them. I feel so full of regrets. Why didn't I buy them? 1. I queued at a lower price. 2. I have reached my capital limit.  3. I thought I could wait a little longer. After deleting the list, I feel better. Now that I know I can pick profitable stocks to buy, what can I do better? Increase my capital limit to handle 30 stocks.  Buy when the buy signals appear. Don't wait. Buy at the current price instead of support. Let's see how it goes.  ~ the rookie trader journal

Buy SU at $18.60?

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 Should I buy SU at $18.60? Why? 3 reasons... - Supertrend buy signal appeared 3 days ago. - Pivot Point resistance at $18.53 may be the support may.  - Price is above all the MA which just crossed each other.  One more reason... - A strong buy analysis... Cut loss if it falls below $17.21. Target profit sells price at $20.69. ~ the rookie trader PS: Done... Bought it for $18.60. PPS: Most stocks went down, including all that I am holding... EXCEPT... 3 items in my buy list are making big moves. AVGR 32% ZOM 14% SWI 6% Why did I not buy them? - queued at a pivot point support price which it didn't touch. - NOT ENOUGH CAPITAL TO QUEUE for more.  - Doubtful they will go up some more.  What can be done better? Get for capital. PPPS: - Chased TNXP for 3 days. - Can't catch the pivot point support. Coz it kept rising.  - Probably will buy at the current price.