Bullish Stock Watch

Posted by mario888 > 2018-06-26 10:14 | Report Abuse

Chart with the following indicators: 1. Ichimoku (default setting) 2. ADX (14) 3. Stochastic (12,3,3) 4. MACD (default setting) What to look for: 1. Wait for the price to cross above the ichimoku cloud 2. Wait for ADX to confirm the uptrend 3. Wait for moving average to cross (buy signal) 4. Confirm the buy signal with stochastic rising from over sold 5. Bullish candlestick signal 6. Price and volume rising 7. Breaks above the previous day's high Example : look at POS and Ecowld chart and wait for signals

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1 comment(s). Last comment by mario888 2018-06-26 15:06

mario888

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Posted by mario888 > 2018-06-26 15:06 | Report Abuse

It is best to look for a stock when it is in an uptrend mode. Why? Because uptrend means there are increasing buyers and volume. The stock is attracting buyers. There are fundamental reasons for this. Strong financial performance both annually and quarterly make a good case to buy a stock.

Make a list of the stocks you like to watch. For example Magni-tech, POS, Padini, Kronologi

Then study the fundamentals of these companies you are interested in. Once they meet the criteria for selection you watch the stock chart for buying signals.

What criteria will make it reasonable to include a stock in your watch list?

1. ROIC above 10%
2. Earnings Yield (Ebit/EV) or 1/PER of 12% or higher
3. Free cashflow is positive and uptrend

Then it is a matter of buying a good stock at the right time so you can capture profits early and not at too expensive price.

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