Nasdaq 100 IndexLong
Comparative Strength Analysis
The hidden secret behind the tickers I offered to trade last week:
"Wyckoff's stock selection process always included an analysis of comparative strength. To identify candidates for long positions, he looked for stocks or industries that were outperforming the market, both during trends and within trading ranges, whereas, with short positions, he looked for underperformers. he conducted his comparative strength analysis between a stock and the market, or between a stock and others in its industry"
A: The Bullish phase:
B: The Bearish phase:
1- SOXL: -88% from Top
2- SQ: -81% from Top
3- SHOP: -85% From Top
4- UPST: -95% from top
5-U: -85% from top
6- BABA: -75% from top
7- ROKU: -88% from Top
8- AMD: -61% from top
9- MRNA: -76% from Top
10- MSFT: -33.5% from Top
What other features do you find in common in these tickers? (you will learn a lot if you spend time on it!)
Best,
"Wyckoff's stock selection process always included an analysis of comparative strength. To identify candidates for long positions, he looked for stocks or industries that were outperforming the market, both during trends and within trading ranges, whereas, with short positions, he looked for underperformers. he conducted his comparative strength analysis between a stock and the market, or between a stock and others in its industry"
A: The Bullish phase:
B: The Bearish phase:
1- SOXL: -88% from Top
2- SQ: -81% from Top
3- SHOP: -85% From Top
4- UPST: -95% from top
5-U: -85% from top
6- BABA: -75% from top
7- ROKU: -88% from Top
8- AMD: -61% from top
9- MRNA: -76% from Top
10- MSFT: -33.5% from Top
What other features do you find in common in these tickers? (you will learn a lot if you spend time on it!)
Best,
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