Rookie Trader 220602 - Bought U at $40
What Stocks to Sell today?
None.
What stocks to buy today?
👉Buy-Tgt? Potential%?
SBUX $76-$95. 25%.
RIVN $29-$50 72%
MSFT $261-$323. 23%
F $14-$18 28%
Done BUY...
U $39.10-$102. 161%. Q at $40. Done! 2 Jun 2022.
PLTR $8.5-$16 88% Q at $8.40 joint. Done! 1 June 2022.
COIN $66-$150. 127% Q at $71. Done! 1 Jun 2022.
PYPL $85-$140. 64%. Q at $85.50. Joint. Done! 1 Jun 2022.
UAA $10-$18. 80%. Q at $10.35. Done! 1 Jun 2022.
- Buy DJIA and S&P500 stocks. undervalued PEG less than 1.5, uptrend above 200MA, when going down and about to bounce...
- https://finviz.com/screener.ashx?v=111&f=fa_peg_u2,idx_sp500,ta_perf_1wdown,ta_sma20_pb,ta_sma200_pa&ft=4
- Or try some undervalued growth stocks...
- https://finance.yahoo.com/screener/predefined/undervalued_growth_stocks
- Or what's Trader TV LIVE watching...
- https://tradertv.live/members-area/
- Or try some Meme Stocks...
- https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
- Double confirm for UNDERvaluation here...
- https://simplywall.st/dashboard
- Buy if undervalued more than 30%.
- Use Yahoo Supertrend ...SPY
- Wait for the Golden Egg. 🏅
RSI followed by Supertrend rule on 15m chart:
- Buy, if you get a Buy signal in RSI(7), followed by a Buy signal in Supertrend(5,1.5) within 2-3 candles (RSI must not go more than 50).
- Sell, if you get a Sell signal in RSI(7), followed by a Sell signal in Supertrend(5,1.5) within 2-3 candles (RSI must not go less than 50).
- Modified from... https://investarindia.com/blog/supertrend-indicator-strategy-with-formula/
- Use different time frames for different stocks, depending on whether the indicators are respected by the stock.
- Yet another new strategy since May 2022.
- Use RSI+OBV+BOL strategy
- RSI. Below 30 (buy). Above 70 (sell).
- OBV. Bouncing from extreme low (buy). Bouncing from extreme high (sell)
- BOL. 20, C,2. Fall out of band and back (buy). Rise out of band and back (sell).
- All 3 must meet the criteria.
- Supertrend will appear 3 days late.
Which stock to sell? ...or stop loss.
- Check for OVERvaluation here...
- https://simplywall.st/dashboard
- Sell when overvalued.
- Also, try Supertrend Signals on the desktop browser.
- Use the OBV+RSI+BOL strategy
None
See you on the next trading day.
~ Adrian Lee
Rookie Trader 2206
PS: JOIN MooMoo today with my referral link to get your Welcome Rewards... https://j.moomoo.com/00gxKc
PPPS: I would like to thank the following...
- For the charts... https://finance.yahoo.com/
- For all in one... https://j.moomoo.com/00ha39
- For the scanner... https://finviz.com/
- For the valuation... https://simplywall.st/
- For the course... https://www.swing-trade-stocks.com/
PPPPS: Note to self...
- Late April to early May - Buy on dip
- May - Sell and go away
- August - Strong month
- September - A bad month for stocks.
- November - Reinvest
- Sell immediately if the price spikes on news.
- Remove emotion from the equation.
- War news. Buy stocks in the oil, gold, and weapon industries. They go up while the rest go down.
- How do we recover from stock market losses? How do I recover my money lost? How do I win my trading losses back? The best way to recover after losing money in the stock market is to invest again.
- My Stock Market Up and Down Forecast.
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Record new stocks properly. Consolidate old stocks. Sell old stocks beyond a certain age. Keep only 20 manageable stocks.
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