Oraclefusions
Junior member
- Messages
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I have filtered the following stocks from weekly interval and going to buy 100 units for each stock and sold it within next week for the delta(depends on each stock range). I would appreciate if you guys advise if my analysis is correct in going for long on these stocks.
I mean to say I have but only these patterns and indicators available in my chartng software whether to buy or not. Am I missig something here?
Ofcourse I reserached each stock in terms of comparing the daily, weekly and stocks (except for the one stock for which i opened another thread).
Tomorrow is next week starting so I would like to place buy order tomorrow at the start of market.
Please let me know any other tech indictors you guys use and i will check in my charts software to plot it.
I did not use MACD bec i find it lagging way high.
1120
====
The week ends on White Marubozu in a down trend which is bullish.
RSI shows that it is coming from below(oversold) to buy zone-bullish
Price Rate of change confirms the buying pressure at the week end
MACD is way laggin so am not gonna use it.
Chaikin indicating above zero means accumulation.
The daily chart shows some sort of correction or consolidation and hint at rev change?
http://www.picstation.net/pictures/7e38da9c4a9e165ad47c76e0435bc677.png
http://www.picstation.net/pictures/a7a8b7398e70686af87a9744bc08b5d6.png
2060
====
The uptrend already started for past three weeks, however it is still strong, and all indicators are suggesting the middle of bullish trend?
http://www.picstation.net/pictures/270fc5775ef27863d178b39ac08acae7.png
http://www.picstation.net/pictures/850fea7c33d0e4aa88cfaa01637c80e1.png
3091
=====
based on the prev uptrend, it should last a bit longer. There is however a doji after a red(black) candle in weekly.
http://www.picstation.net/pictures/e7889fc3b25e9242f6b954b8a9cf2142.png
http://www.picstation.net/pictures/7be27ce5c6870128336113bab8e067dd.png
4100
------
http://www.picstation.net/pictures/211d43d998a627f8217815b5a492c6ca.png
http://www.picstation.net/pictures/7f30195fad5d3fc5b9e8bab3c0fdc1c7.png
4250
===
http://www.picstation.net/pictures/6bf606dc4fae3753f61ca64b5ba047ff.png
http://www.picstation.net/pictures/1573ad4c97ab220c69a38f119609bc89.png
8070
------
http://www.picstation.net/pictures/0eb25447cf9576d1e035b4fbf46514d8.png
http://www.picstation.net/pictures/d90026050c3f5af259bb81df94e8bfed.png
Cheers
I mean to say I have but only these patterns and indicators available in my chartng software whether to buy or not. Am I missig something here?
Ofcourse I reserached each stock in terms of comparing the daily, weekly and stocks (except for the one stock for which i opened another thread).
Tomorrow is next week starting so I would like to place buy order tomorrow at the start of market.
Please let me know any other tech indictors you guys use and i will check in my charts software to plot it.
I did not use MACD bec i find it lagging way high.
1120
====
The week ends on White Marubozu in a down trend which is bullish.
RSI shows that it is coming from below(oversold) to buy zone-bullish
Price Rate of change confirms the buying pressure at the week end
MACD is way laggin so am not gonna use it.
Chaikin indicating above zero means accumulation.
The daily chart shows some sort of correction or consolidation and hint at rev change?
http://www.picstation.net/pictures/7e38da9c4a9e165ad47c76e0435bc677.png
http://www.picstation.net/pictures/a7a8b7398e70686af87a9744bc08b5d6.png
2060
====
The uptrend already started for past three weeks, however it is still strong, and all indicators are suggesting the middle of bullish trend?
http://www.picstation.net/pictures/270fc5775ef27863d178b39ac08acae7.png
http://www.picstation.net/pictures/850fea7c33d0e4aa88cfaa01637c80e1.png
3091
=====
based on the prev uptrend, it should last a bit longer. There is however a doji after a red(black) candle in weekly.
http://www.picstation.net/pictures/e7889fc3b25e9242f6b954b8a9cf2142.png
http://www.picstation.net/pictures/7be27ce5c6870128336113bab8e067dd.png
4100
------
http://www.picstation.net/pictures/211d43d998a627f8217815b5a492c6ca.png
http://www.picstation.net/pictures/7f30195fad5d3fc5b9e8bab3c0fdc1c7.png
4250
===
http://www.picstation.net/pictures/6bf606dc4fae3753f61ca64b5ba047ff.png
http://www.picstation.net/pictures/1573ad4c97ab220c69a38f119609bc89.png
8070
------
http://www.picstation.net/pictures/0eb25447cf9576d1e035b4fbf46514d8.png
http://www.picstation.net/pictures/d90026050c3f5af259bb81df94e8bfed.png
Cheers