How to find anticipation setups : May 25, 2016 May 24, 2016 7 comments : UnknownMay 25, 2016, 7:23:00 PMDear 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. ReplyDeleteRepliesReplyPradeep BondeMay 26, 2016, 8:34:00 AMit is ratio of 7 days average price to 65 day average price. it is green when it is 5% plus. ReplyDeleteRepliesReplyUnknownMay 26, 2016, 9:51:00 AMIs there a reason why 7 and 65 were preferred? ReplyDeleteRepliesReplyPradeep BondeMay 26, 2016, 11:02:00 AM65 days is one quarter. 7 days is approximately 10% of that. Studies show one quarter momentum persists for another quarter or so. ReplyDeleteRepliesReplyUnknownMay 26, 2016, 7:16:00 PMAh! Thanks for the insight, Pradeep. Very valuable. ReplyDeleteRepliesReplyLuckyHaaJun 1, 2016, 10:35:00 AMHi Pradeep ,How to calculate that ratio?ReplyDeleteRepliesReplyPradeep BondeJun 1, 2016, 10:39:00 AMmoving average of 7 days/moving average 65 days> 5%ReplyDeleteRepliesReplyAdd commentLoad more... Subscribe to: Post Comments ( Atom ) All Posts
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.
ReplyDeleteit is ratio of 7 days average price to 65 day average price. it is green when it is 5% plus.
ReplyDeleteIs there a reason why 7 and 65 were preferred?
ReplyDelete65 days is one quarter. 7 days is approximately 10% of that. Studies show one quarter momentum persists for another quarter or so.
ReplyDeleteAh! Thanks for the insight, Pradeep. Very valuable.
ReplyDeleteHi Pradeep ,How to calculate that ratio?
ReplyDeletemoving average of 7 days/moving average 65 days> 5%
ReplyDelete