Stocks likely to breakout today
- nvmi
- nep
- tstc
- gfre
- seed
- caas
- hpj
- dan
- xtex
- uaua
If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.
Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.
No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.
As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.
You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.
You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.
The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.
Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.
You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.
Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.
If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.
4 comments:
I have a question about CAAS. I've been following that stock and saw that you put it on your stocks that might break out today.
When I looked at that stock, 4 of the prior 5 days all closed on higher volume than the previous day. On the other day the stock increased in price on lower volume.
The way I read it was that the stock was being sold and wondered what about it made it trigger your possible stocks to break out today list. Was it the support at the 50 day moving average line it was nearing.
I realize that not every stock will break out but this was confused me as to why it made the cut today to watch.
Is it possible that stocks like these are being bought and sold to drive up the price let it fall and repeat?
When stocks correct or pullback, they are being sold or there are not enough buyers. If enough buyer show up the same stock will have high volume breakout and it will move up. As you pointed out the list is of "likely" to breakout stocks. Not every one of them will breakout.
How did it make the list though?
What is the criteria to be included on this list? Couldn't any IBD 100 / IBD 200 stock be considered "likely to break out" since by definition they are experiencing accelerating earnings / Increasing Price / Institutional Buying?
The list is based on six month momentum. See my series of posts on How to trade momentum to understand how it is arrived at.
Just because a stock is in ibd 100 or 200 does not make it a good buy.
Post a Comment