August 2022 New ROOKIE STOCK Strategy
ROOKIE STOCK STRATEGY Buy only S&P500 stocks for growth and dividend. Find SP500 stocks with RSI below 40... If too many, find PEG less than 1... https://finviz.com/screener.ashx?v=111&f=idx_sp500,ta_rsi_os40&ft=4 See moomoo or Yahoo finance... Use RSI+BOL+ OBV strategy - May 2022 RSI. Cross above 30 (buy). Cross below 70 (sell). OBV. Bounce from extreme low (buy). Bounce 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 at closing. Plus buy only if company is profitable (Yahoo finance) and undervalued (simply wall street). Supertrend will appear 3 days late. ~ Adrian Lee - The Rookie Trade-vestor ======== Record new stocks on Google sheet for profit and lots tracking. Record new stocks in Yahoo finance for monitoring. Record event in calendar for future reference. Consolidate and Sell old stocks. Keep only 20 manageable stocks. Do not buy and hold. ======== Late April