Can TA Predict ze Future? Algo Screened Bullish DivsOK. So these are purely automatically algo screened stocks. I've numbered them based on my personal pick for best performers out of this motley crew. I have done zero research into these stocks. So I will NOT be buying any. The only reason I'm posting this is for you to see my algo revision process. This is version alpha. Maybe not even that. Its a very rough draft.
AUDC
AUDC LONG 42$ Target Idea to buy NASDAQ:AUDC at 35.5$ per share after the price drop down to 35$ .
The price reach the 100MA line(purple) and Fibonacci 50% . This is the time to buy when the stochastic is "Oversold" at 1H chart. Prepare to take profit at 42$ not in one shot, but in two or three levels.
AUDC - Should seeCurrent Trend is upward, losing momentum, so likely the price will not beat previous high and will form a Head and Shoulders pattern. After which the long term downtrend is likely to begin a 2-4 weeks from now.
Fundamentals are improving quarter over quarter and year over year so medium-term uptrend continuation is most likely for now.