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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: towerdog who wrote (85351)3/28/2024 2:06:47 PM
From: Sun Tzu1 Recommendation

Recommended By
towerdog

   of 97958
 
It's really not that hard. I have a watchlist of over 1000 stocks. I sort them by daily percent change and watch for the top and bottom performers. These are the ones that want to to trade. Then the only question is are they trending or mean reverting. And that to a good extent depends on whether the big move is due to a reaction to big run, the completion of a pattern, or continuation of a trend.

There's great opportunity if you make the right call. You can do better than flipping a coin using either harmonics or my red/green system or your own intuition or...

Here's one form a few days ago. If you kept an eye on these, you'd have found a good entry for some good long plays.

PS When I looked at set 45, I thought it was a bit too much and several were due for the pullback.

EDIT - Here's what TECK looked like in Set 45 that lower end of the channel is where I estimated it could make a good entry b/c most of the times you get a 2nd chance at what you missed. Q would call it a checkback.


TECK



Set 44Set 45
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