Episodic Pivots on stocks up 50% plus in a month- Part1
Out of the 12 I have positions in or closed positions in 8. All of these stocks came through the Episodic Pivots scan.
ACY,Aerocentury Corp (Google Yahoo Earnings Chart)
ADZA,Adeza Biomedical (Google Yahoo Earnings Chart)
CBLI,Cleveland BioLabs Inc (Google Yahoo Earnings Chart)
FSLR,First Solar Inc (Google Yahoo Earnings Chart)
HDNG,Hardinge Inc (Google Yahoo Earnings Chart)
JADE,Lj Internat Inc (Google Yahoo Earnings Chart)
KRSL,Kreisler Manufacturing (Google Yahoo Earnings Chart)
NM,Navios Maritime Holdings Inc (Google Yahoo Earnings Chart)
ONXX,Onyx Pharmaceuticals Inc (Google Yahoo Earnings Chart)
PREM,Premier Community Bnkshrs (Google Yahoo Earnings Chart)
REFR,Research Frontiers Inc (Google Yahoo Earnings Chart)
TRT,Trio-Tech Internat (Google Yahoo Earnings Chart)
TSL,Trina Solar Ltd. (Google Yahoo Earnings Chart)
XIDE,Exide Tech (Google Yahoo Earnings Chart)
The remaining stocks in next post as blogger did not allow more pictures.
4 comments:
Can you tell us what your entry price was and how you timed your buy on these stocks? Were these just short term trades for you for a quick profit or do you intend to hold for further gains?
Most things I intend holding for long term unless I get stopped out. My average holding periods are in several weeks or months. Sometime I sell things because I find new more exciting ideas.
Episodic Pivot idea is slightly difficult to replicate for most people because it is not a mechanical thing . It is not a buy every 10% plus move in stock. It is a 10% plus move plus a certain set of 10-12 catalysts which have high probability of triggering a big move.
Besides that the scan is just one part of the puzzle, the other part is in my other software where it gives me information like what happened last time there was a 10% spike and price was withing this much % of 52 week high. Or over lifetime of this stock how this move has worked. Or cluster of 4% moves before the move. And around 22 other variables which basicaly further narrows down the 20-25 candidates to 1-2 promising.
Plus it is recent in the sense 11/2 year old system compared to my other things which are very old so currently part of it is not fully mechanised but at some stage I will quantify lot of things which I am doing subjectively or manually.
Hi Pradeep,
I have been studying the EP strategy and I had a couple of questions.
First, how do you decide wheter to enter immediately or wait for a pull back? I have looked through your example charts and to me it looks like sometimes the stock gets running upwards immediately, and other times, the EP is followed by a sizable pull back before running upwards.
Second, when you do wait for a pull back to enter, how do you decide it is time to enter? Do you wait for the next 4% plus breakout, or a move past the EP high, or something else?
Thrid,
Is it a good or bad thing if the EP is preceeded by a series of 4% plus moves?
Thank you so much.
1 Entry is based on nature of catalyst e.g earnings or biotech approvals tend to create immediate move. Besides that low float, neglect 9in terms of price as well as 3 years range) determine my entry. Is it first EP in 1 year, 2 year, 3 year , are some of the criteria I use.
2 Established stocks tend to have pullbacks, high cap, high volume of trading invariably tend to have pullbacks. EPs late in a long running move tend to have pullbacks.
3 On pullback I enter on next 4% move.
4 EPS preceded by number of earlier 4% moves tend to perform poorly.
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