Showing posts with label Go Long. Show all posts
Showing posts with label Go Long. Show all posts

Monday, November 22, 2010

Power Strategy #3 - Go Long + Uptrend Arrow


Hi there,

I did a stock scan for end of day and the above stocks are picked up by the Blue Diamond Scanning System.

I am particularly interested in the first stock that is listed," Biosenor" which has good amount of transaction today.

Below is the chart which shows clusters of bullish signals, "Test Base + Go Long + Uptrend".
This is a powerpack combination and I am sure that this stock has more to show us in the near
term even the overall current market condition is weak and indecisive.


For the this trade, cut loss is set at $1.12 and below, the target is near $1.30 - $1.35, duration: 1month ++

Wednesday, November 3, 2010

Power Strategy #2 - Test Base+ Go Long combination


After a weak market was triggered in January 21st 2010, the stock price tumbled $0.40 and found base
in early February as detected by expert signals (Price Pull Back Up and Demand Coming in).

For risk averse traders, this could be opportunity for trade but for my trading style, I would like to wait a little
longer to observe if the trend was indeed trending higher. I would wait for the price bar to change from Red Colored Bar to Green Colored Bar and the Trend Cluster at the bottom of the chart (just below Volume Bar) turned from Red to Green.

Luckily for me, I have a proprietary scanner that would pick up stock that meets such a strict criteria (Test Base + Go Long1) from the chart above.

This combination means that after some weaknesses in the background for sometimes, the stock is nolonger falling south (Stage 4)  but starts to move sideway (Stage 1) to consolidate strength.
Once the strength is built up to move northward, a "Test Base" is usually good to know that the selling activities have been absorbed and price is ready to move up with no selling pressure.
With "Go Long1" picks up after "Test Base", I know that the Professionals are ready move this stock price higher definitely. Look at the chart above and see for yourself.

Again and again, this combination is always ready to pick up any stock that is ready to stage an upmove.
Although there is no certainty in trading, there is always the probability of a good setup with strict money
management scheme to capture this profit opportunity.

Thanks for reading and many Profitable Trades ahead!



Monday, October 18, 2010

Power Strategy #1 - Stopping a down move + Go long combination

     (A stock from KLSE, Malaysia)  

       (A stock from Singapore)

Woo, this is one of the many combinations that my Powerful Stock Scanner can pick up.

At first, price started to pull back towards moving average line and broke down. Falling price
was halted by "buying-in" from the Professionals and this was automatically alerted with a symbol
below the price bar.

Immediately after the price was supported (Climatic Action), Professionals continued to move price
higher. Price closed near the day high denoting enthusiasm to move higher the next day.

The Professionals aggressively accummulating the stock was denoted with a Blue Diamond symbol.
This was clearly illustrated again in the Mid-April and Early-June.

In many cases where Blue Diamond appears, price will immediately move higher away from the cutloss trigger set from previous day pivot level. So if the cutloss level is not triggered, continue to hold the stock and
adjust the cutloss level as price moves higher to protect the profits.

Do not be greedy, be happy to exit the trade if the profit protect level is triggered.

Use the scanner to pick the next potential stock for such a combination again in any stock exchanges.

Next posting, I will show Power Strategy #2 - Testing Base + Go Long Combination.

This is where the Professionals will probe the stock price to see if there is anymore sellers before
launching a delibrate pushing up of the price quickly.

Catch up with you again, bye.