You can be shortsighted if you don't think in terms of %. While I try to stay above $2.00, I think the under $20 market is the place to be for short-term moves.
A move from 87.5 to 92 is 5%, so is a move from 2 to 2.13, or 5 to 5.25, 10 to 10.5, 15 to 15.75, 20 to 21. As for volume, you can find healthy patterns. As for earnings, Price has nothing to do with earnings growth. Name stocks got their "name" from brokers and media, not because you can make the most money in them.
For those with data/scan capability, run some scans to see what moves % wise, daily, weekly, monthly, or yearly. You might readjust your thoughts on points meaning anything. |
