I want to start periodically sharing my retrospective analysis of market leaders, that made triple digits gains during bull markets in different time-periods. The purpose of this analysis is to find commonalities in price patterns and behaviour among the best-performing stocks, that repeat themselves in each and every up-cycle throughout market history. That...
Once you have selected a stock with decent fundamentals (review every month if the stock still fundamentally sound), then you just need the chart to tell you when to buy it. Trading is all about waiting/patience. When price is below the 20/50/200, you stay in cash. You wait. When price is above 20/50/200, you wait for a base/pullback and a trigger. In this...
A successful trading strategy starts with sound stock selection criteria. Our JS-TechTrading strategy combines the timeless and success proven principles of Mark Minervini's SEPA (R) analysis and William O'Neils' CAN-SLIM (R) methodology. This tutorial describes the CAN-SLIM (R) methodology in detail: CAN-SLIM refers to the acronym developed by the American...
The Perfect Buy Point A Perfect Buy Point represents the completion of a stock’s consolidation and the potential start of its next advance. After a base pattern has been established, the Perfect Buy Point is where the stock establishes a price level that will act as the trigger to enter a trade. When a stock’s price level moves through the Perfect Buy Point,...
In the recent tutorial 'Trading with the Trend - Stage Analysis', we have explained the importance of identifying stocks in a confirmed stage 2 uptrend using the 'Trend-Template'. What are the Fundamentals doing in a confirmed stage 2 Uptrend? The best stocks and buying opportunities available in the market meet the technical requirements according to...
The trend is your friend. This is a very old but true quote. Why is that? • 98% of big winning stock made the largest portion in their gain in a Stage 2 uptrend • Evidence that institutions are buying • Increase probability of success • Know what to expect under specific conditions – point of reference Your goal is not to buy at the lowest price – It’s to...
This is the anatomy of a breakout trade. First, you want to see a large advance in the stock. At a minimum, price should be at least 30% above its 52-week low. Stock will often be up several hundred percent before forming this pattern. Next, you want to see a series of pullbacks - each with a shallower depth than the last. Mark Minervini refers to this as a...