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JetDollars
17th-August-2004, 02:47 AM
Guys,

I think it is a good idea if we can list the entry strategies for stock that you consider to buy. Let assume the fundamental analysis is fine.

I will start first:

1. Stock is trending upward on a weekly chart.
2. Stock price is above 30 periods of moving average on a weekly chart
3. Volume is increasing on a daily chart.
4. RSI is crossing the lower point of the trading range.

Please add your indication that you consider or use for your entry.

still_in_school
17th-August-2004, 09:08 AM
Hi Jetdollars,

alot of entry strategies, are candlestick formations, personally for me, a break in a trendline, or a break through support... some indicators, like RSI, ROC, MACD & EMA... (golden cross and dead cross patterns), heavy volume, followed by gaps...

(further confirmation, maybe from fast & slow scholastic, and bolling band - momentum patterns) but this is confirmation, and normally these indicators are more of an exit strategy and tightening of stoplosses... just before exiting and dumping a stock

Cheers,
sis

jkool
17th-August-2004, 06:50 PM
I like to keep it simple:

1. Stock trading upwards on weekly chart
2. Rate of Return >20%
3. Avg weekly capitalization > 1mil $$
4. Price below Linear regression