StellarXing
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$Quantum Computing (QUBT.US)$ I seriously cannot emphasize enough how bad of an investment this stock is. Not just in general, but even within the quantum bubble that is currently going on. $Rigetti Computing (RGTI.US)$ and $IonQ Inc (IONQ.US)$ are infinitely better companies, and even they are overvalued beyond comprehension. People are buying these stocks at the price they will be AFTER quantum computing becomes successful. That's IF these companies are the ones who win the r...
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I have to admit, this is a powerful feature that greatly saves time in searching for Stocks, significantly improving the efficiency of chart research.
These are search criteria that have been adjusted and improved multiple times (divided into 22 days, 44 days, 66 days, and 132 days), almost all of the market big winners come from this criteria search tool (mainly flag settings), and you can also make appropriate modifications according to personal preferences.
ATR needs to be observed separately after entering the name, it can then eliminate some names with insufficient average true range (it is recommended to be at least >3.5%, ideally >5%, you need to roughly calculate based on the numbers yourself).
It is important to note the setting of daily average trading volume: the daily average trading volume needs to be at least 30 times greater than your total capital, preferably over 50 times (Qullamegie's suggestion);
When the individual search list names exceed 60, you can adjust the search criteria accordingly based on personal circumstances.
(Christmas gift in advance for swing traders 🎁🎄)
"Good trading means observing patiently. Observe the market with a calm, objective curiosity and wait patiently for it to reveal itself naturally. There is no need to rush."
These are search criteria that have been adjusted and improved multiple times (divided into 22 days, 44 days, 66 days, and 132 days), almost all of the market big winners come from this criteria search tool (mainly flag settings), and you can also make appropriate modifications according to personal preferences.
ATR needs to be observed separately after entering the name, it can then eliminate some names with insufficient average true range (it is recommended to be at least >3.5%, ideally >5%, you need to roughly calculate based on the numbers yourself).
It is important to note the setting of daily average trading volume: the daily average trading volume needs to be at least 30 times greater than your total capital, preferably over 50 times (Qullamegie's suggestion);
When the individual search list names exceed 60, you can adjust the search criteria accordingly based on personal circumstances.
(Christmas gift in advance for swing traders 🎁🎄)
"Good trading means observing patiently. Observe the market with a calm, objective curiosity and wait patiently for it to reveal itself naturally. There is no need to rush."
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Recently, I have violated the trading rules multiple times, even though I clearly knew it was a mistake.
The market doesn't care who you are, you will pay the price for your own actions.
The account experienced its largest drawdown in history👇
Reduce/Clear positions:
$Sarepta Therapeutics (SRPT.US)$ Added on Monday when it broke through (-0.5%), but failed to maintain the breakout on the same day. Got stopped out on Tuesday after it fell below the stop loss, tried to remedy once but got stopped out again.
$Rocket (RKT.US)$ On Monday and Wednesday, I reduced the position twice, each time by 1/6. The reaction after the financial report was good, and it is currently the best-performing position this week.
$Palo Alto Networks (PANW.US)$ On Tuesday, it closed below the 50MA (-0.13%) and exited according to plan.
添加:
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Bought in during the turning point of VIX on Tuesday, and actually gained over 25% profit on Wednesday. I was too greedy and didn't make any reductions, thinking I could rest easy with around 20% profit. I didn't set a stop loss after the market opened and went to sleep. When I woke up in the morning, I found that all the profit had disappeared and turned into losses. I retaliated by adding positions after market close... (Does this sound familiar? This is a common mistake that most traders make: spreading failure...
The market doesn't care who you are, you will pay the price for your own actions.
The account experienced its largest drawdown in history👇
Reduce/Clear positions:
$Sarepta Therapeutics (SRPT.US)$ Added on Monday when it broke through (-0.5%), but failed to maintain the breakout on the same day. Got stopped out on Tuesday after it fell below the stop loss, tried to remedy once but got stopped out again.
$Rocket (RKT.US)$ On Monday and Wednesday, I reduced the position twice, each time by 1/6. The reaction after the financial report was good, and it is currently the best-performing position this week.
$Palo Alto Networks (PANW.US)$ On Tuesday, it closed below the 50MA (-0.13%) and exited according to plan.
添加:
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Bought in during the turning point of VIX on Tuesday, and actually gained over 25% profit on Wednesday. I was too greedy and didn't make any reductions, thinking I could rest easy with around 20% profit. I didn't set a stop loss after the market opened and went to sleep. When I woke up in the morning, I found that all the profit had disappeared and turned into losses. I retaliated by adding positions after market close... (Does this sound familiar? This is a common mistake that most traders make: spreading failure...
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Many traders who do not understand supply and demand wonder why they should buy after the price breaks through the key level:
Doesn't this mean buying at a higher price?
Does buying within the range reduce costs?
The following example explains why it should be done this way👇
Doesn't this mean buying at a higher price?
Does buying within the range reduce costs?
The following example explains why it should be done this way👇
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Select based on certain criteria👇
Supplement sectors that have performed well in the past 20 days👇
Supplement sectors that have performed well in the past 20 days👇
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$Warrior Met Coal (HCC.US)$ Need the RS line (blue in the main chart) to break through the previous high (currently a significant gap)
$Oscar Health (OSCR.US)$Price needs to be further compressed to reduce risk ratio
$Constellation Energy (CEG.US)$In terms of chart patterns, everything looks good at the moment
$Applovin (APP.US)$ Need a closer correlation between prices, when breaking through, RS and prices should be synchronized
$Micron Technology (MU.US)$ Currently, the chart pattern is only halfway complete, more consolidation is still needed
$NVIDIA (NVDA.US)$ Starting from March 8th, excluding small distribution days, there are currently 5 large distribution days. The fundamentals are almost unbeatable, but it still needs a long time to consolidate.
$Viking Therapeutics (VKTX.US)$ Need to see a closer chart. Currently, RS is already leading price (a good sign). It is difficult to find a low-risk entry point within a range (stop loss). It's worth waiting for an opportunity to try.
$Dell Technologies (DELL.US)$ The RS line is currently good, but it needs a closer chart.
$Vertiv Holdings (VRT.US)$ The financial risk has already passed, with the RS line leading by a wide margin, it needs some time to digest the overextended 50MA...
$Oscar Health (OSCR.US)$Price needs to be further compressed to reduce risk ratio
$Constellation Energy (CEG.US)$In terms of chart patterns, everything looks good at the moment
$Applovin (APP.US)$ Need a closer correlation between prices, when breaking through, RS and prices should be synchronized
$Micron Technology (MU.US)$ Currently, the chart pattern is only halfway complete, more consolidation is still needed
$NVIDIA (NVDA.US)$ Starting from March 8th, excluding small distribution days, there are currently 5 large distribution days. The fundamentals are almost unbeatable, but it still needs a long time to consolidate.
$Viking Therapeutics (VKTX.US)$ Need to see a closer chart. Currently, RS is already leading price (a good sign). It is difficult to find a low-risk entry point within a range (stop loss). It's worth waiting for an opportunity to try.
$Dell Technologies (DELL.US)$ The RS line is currently good, but it needs a closer chart.
$Vertiv Holdings (VRT.US)$ The financial risk has already passed, with the RS line leading by a wide margin, it needs some time to digest the overextended 50MA...
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Last week's review 👉🏻Market Review + Core Position Analysis (15/04-19/04 1024)
"To win in an environment where everyone has the same goal, you must do what most investors are unwilling or unable to do consciously or unconsciously." -Mark.Minervini
Quick review of the market this week:
$NASDAQ 100 Index (.NDX.US)$ Distribute on Wednesday, accumulate funds on Thursday;
$S&P 500 Index (.SPX.US)$ Diverge on Wednesday, accumulate funds on Thursday;
$Dow Jones Industrial Average (.DJI.US)$ Diverge on Wednesday and Thursday.
NDX>SPX>DJI
The SPX failed to trigger the Follow Through Day (FTD) on Friday, the entire market is near the dense volume overhead zone. It has completed one leg so far. I like to imagine the market correction period as the time to refuel a car. The volume is the required gasoline. We have already added a little fuel, but it is not enough to complete the next wave of trend movement. If we forcibly drive, the probability of accidents along the way is very high. I will continue to patiently wait for it to refuel and be fully prepared.
Weekly charts of NDX and SPX:
The dense financial reports this week supported the trading volume. Next week's financial reports are equally dense, and the trading volume will not be low. Keep watching the market for free, trying to extract more information from the cards provided by the market, helping to establish clear action signals in advance.
The market...
"To win in an environment where everyone has the same goal, you must do what most investors are unwilling or unable to do consciously or unconsciously." -Mark.Minervini
Quick review of the market this week:
$NASDAQ 100 Index (.NDX.US)$ Distribute on Wednesday, accumulate funds on Thursday;
$S&P 500 Index (.SPX.US)$ Diverge on Wednesday, accumulate funds on Thursday;
$Dow Jones Industrial Average (.DJI.US)$ Diverge on Wednesday and Thursday.
NDX>SPX>DJI
The SPX failed to trigger the Follow Through Day (FTD) on Friday, the entire market is near the dense volume overhead zone. It has completed one leg so far. I like to imagine the market correction period as the time to refuel a car. The volume is the required gasoline. We have already added a little fuel, but it is not enough to complete the next wave of trend movement. If we forcibly drive, the probability of accidents along the way is very high. I will continue to patiently wait for it to refuel and be fully prepared.
Weekly charts of NDX and SPX:
The dense financial reports this week supported the trading volume. Next week's financial reports are equally dense, and the trading volume will not be low. Keep watching the market for free, trying to extract more information from the cards provided by the market, helping to establish clear action signals in advance.
The market...
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Thursday and Friday are practically collective actions👇
Here are some eye-catching charts within the industry:
$Sweetgreen (SG.US)$ 👇
$CAVA Group (CAVA.US)$ 👇
$Wingstop (WING.US)$ 👇
$Shake Shack (SHAK.US)$ 👇
$Texas Roadhouse (TXRH.US)$ 👇
No need to chase, patiently wait for a low-risk entry opportunity 🚴🏻
Here are some eye-catching charts within the industry:
$Sweetgreen (SG.US)$ 👇
$CAVA Group (CAVA.US)$ 👇
$Wingstop (WING.US)$ 👇
$Shake Shack (SHAK.US)$ 👇
$Texas Roadhouse (TXRH.US)$ 👇
No need to chase, patiently wait for a low-risk entry opportunity 🚴🏻
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StellarXing
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During market adjustments, I focus on searching for names that are unique.
Currently, it has been 19 days since the short-term peak of SPX, which means looking for names that have performed well in the past 19 days and meet certain conditions. After Friday, it will change to 20 days, and after next Monday, it will change to 21 days... and so on...
The following are the search criteria👇
Only two potential setups that exist in the charts have caught my attention👇
Currently, it has been 19 days since the short-term peak of SPX, which means looking for names that have performed well in the past 19 days and meet certain conditions. After Friday, it will change to 20 days, and after next Monday, it will change to 21 days... and so on...
The following are the search criteria👇
Only two potential setups that exist in the charts have caught my attention👇
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