How to find anticipation setups : May 25, 2016 | stockbee

5/24/2016

How to find anticipation setups : May 25, 2016

7 comments:

Delwyn Wee said...

Dear Pradeep, what do you use to establish that the stock is in a momentum phase? I have noticed that at the bottom of each chart, there is an indicator that shows green or red. How is that determined? Thank you for sharing your knowledge.

Pradeep Bonde said...

it is ratio of 7 days average price to 65 day average price. it is green when it is 5% plus.

Delwyn Wee said...

Is there a reason why 7 and 65 were preferred?

Pradeep Bonde said...

65 days is one quarter. 7 days is approximately 10% of that. Studies show one quarter momentum persists for another quarter or so.

Delwyn Wee said...

Ah! Thanks for the insight, Pradeep. Very valuable.

LuckyHaa said...

Hi Pradeep ,How to calculate that ratio?

Pradeep Bonde said...

moving average of 7 days/moving average 65 days> 5%