Buying based on tech indictors and patterns

[Oraclefusions]

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
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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
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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
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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
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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
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http://www.picstation.net/pictures/0eb25447cf9576d1e035b4fbf46514d8.png

http://www.picstation.net/pictures/d90026050c3f5af259bb81df94e8bfed.png

Cheers

 

[malaguti]

The first 6 look like duffs to me. Why are thinking of buying in downtrends? Was it not this same distrted logic that made you buy ACE?

 

[Oraclefusions]

I was actually thinking of swing trading, buying when it pulls up for a few and sell based on the prev pattern. I guess you are right. I should find those stocks which in uptrend and buy when it pulls down for a few , yes indeed. What about the remaining?

 

[malaguti]

I was actually thinking of swing trading, buying when it pulls up for a few and sell based on the prev pattern. I guess you are right. I should find those stocks which in uptrend and buy when it pulls down for a few , yes indeed. What about the remaining?

A swing trade is buying dips in an uptrend, and selling rallies in a down. You will just get your fingers burnt trying to do both.
Good luck

 

[postal9864]

Yes I would stick with the trend for a swing trade, long for up trends, shorts for down trend. Also what has worked for me if you want to buy in a stock that's down trending at least wait for a double bottom to form. IMHO