LearningTradx
commented on
$Tesla (TSLA.US)$ let's go tesla let's go, let's go tesla let's go. drop drop drop weeeeeee discount discount
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$Tesla (TSLA.US)$ oh yes baby let's go
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LearningTradx
commented on
$Tesla (TSLA.US)$ wha shiok ah, drop more pls so i can load more
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LearningTradx
commented on
$Lucid Group (LCID.US)$
lock up period ends at 19 Jan prepare for big dump
lock up period ends at 19 Jan prepare for big dump
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$Palantir (PLTR.US)$
if today can close at 15 then we are all set
if today can close at 15 then we are all set
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$General Motors (GM.US)$
financials of this company is trash. every year they sell half of what they sold from previous year, and every car they sell they are losing money. Then you might ask, but their eaening reports are good man. Are you sure? i'm certain they are selling unsecured cheques to their investor. This company is bound to fail unless govt decided to say hey i like this company lets pump money into it. my take is this will go up 63$ then back down to 50$ then form...
financials of this company is trash. every year they sell half of what they sold from previous year, and every car they sell they are losing money. Then you might ask, but their eaening reports are good man. Are you sure? i'm certain they are selling unsecured cheques to their investor. This company is bound to fail unless govt decided to say hey i like this company lets pump money into it. my take is this will go up 63$ then back down to 50$ then form...
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LearningTradx
liked
Hello mooers:
An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
Overbought& Oversold definition
A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
Starting this week, this column would change from updating daily to weekly, since movements of stock prices often take a few days before they follow the suggested pattern. We would be tracking the performance of previously selected stocks from now on.
Performance Tracking of Previous Column (10/08)
There are 8 out of 10 selected stocks that followed the suggested movement provided by the RSI indicator.
OverBought
$ConocoPhillips (COP.US)$
$Diamondback Energy (FANG.US)$
$CF Industries Holdings (CF.US)$
$Pioneer Natural Resources (PXD.US)$
$The Mosaic (MOS.US)$
Oversold
$Incyte (INCY.US)$
$ResMed (RMD.US)$
$Waters (WAT.US)$
$Universal Health Services (UHS.US)$
$Regeneron Pharmaceuticals (REGN.US)$
We collect stocks from S&P 500 as it contains most of valuable companies.
Want to screen the market by yourself? Read:How to use a stock screener
Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators
An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
Overbought& Oversold definition
A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
Starting this week, this column would change from updating daily to weekly, since movements of stock prices often take a few days before they follow the suggested pattern. We would be tracking the performance of previously selected stocks from now on.
Performance Tracking of Previous Column (10/08)
There are 8 out of 10 selected stocks that followed the suggested movement provided by the RSI indicator.
OverBought
$ConocoPhillips (COP.US)$
$Diamondback Energy (FANG.US)$
$CF Industries Holdings (CF.US)$
$Pioneer Natural Resources (PXD.US)$
$The Mosaic (MOS.US)$
Oversold
$Incyte (INCY.US)$
$ResMed (RMD.US)$
$Waters (WAT.US)$
$Universal Health Services (UHS.US)$
$Regeneron Pharmaceuticals (REGN.US)$
We collect stocks from S&P 500 as it contains most of valuable companies.
Want to screen the market by yourself? Read:How to use a stock screener
Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators
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LearningTradx OP weiteck : positive side 800, good side 893 :(
LearningTradx OP weiteck : but i doubt it will touch that point again
LearningTradx OP weiteck : 893 support