Selective Chartists identifies stocks that meet the CRITERIA. These stocks appear poised for higher levels in the near-term, as indicators are positive & strengthening. Regimented buy / sell rules is KEY...
CRITERIA:
Focus on 50 top-rated growth stocks ranked by Investors Business Daily (IBD) - composite rating 80+
Trade 500,000+ shares per day
Trading above 20 & 50-day Moving Average (dMA)
Challenging BASING stage overhead resistance / transitioning to early ADVANCING stage
Pivot Point (Ideal buy price) - purchase no more than 5% above pivot
Relative Strength Index (RSI) 50+ and below 70 (70+ extended)
Heavy (2x) or surging (3x) Volume ...More Positive Momentum (MACD)
DO NOT hold security overnight into earnings (volatile swings may occur)
Joe Majocha is a contributor to educational forums for Investors Business Daily, and a featured guest on national radio programs focusing on stock market activity.
Mr. Majocha is author of the instructional financial publication (Ebook)
The ART Of The CHART - A Guide To Knowing When and Why To Buy & Sell Stocks.
Currently, there are no blog details for Selective Chartists.
BOOK
The ART Of The CHART - Knowing When and Why To Buy & Sell Stocks This book guides you through the fundamental “need to know” concepts of technical analysis and displays 60 real-life charts that clarify key points, and teaches you how to make it work for you in an easy to read, to understand and apply methodology.
Topics are presented in a logical order and build upon ...More
knowledge from one chapter to the next and yet, maintains a simplicity and clarity to the subjects discussed.
Practical applications with examples are presented providing insight to the decision making process of buying & selling stocks.
E-book download, $7.99
http://store.stockcharts.com/collections/ebooks
CRITERIA:
Focus on 50 top-rated growth stocks ranked by Investors Business Daily (IBD) - composite rating 80+
Trade 500,000+ shares per day
Trading above 20 & 50-day Moving Average (dMA)
Challenging BASING stage overhead resistance / transitioning to early ADVANCING stage
Pivot Point (Ideal buy price) - purchase no more than 5% above pivot
Relative Strength Index (RSI) 50+ and below 70 (70+ extended)
Heavy (2x) or surging (3x) Volume
...More
http://www.selectivechartists.com/analysis/overview-and-criteria/