Pinkypie20A
Short

Avoiding losses, avoiding crap stocks Bluesky

ASX:BLA   BLUE SKY ALTERNATIVE INVESTMENTS LIMITED
Now we use "Trend is your Friend" indicator to check the crap stocks of the year in ASX300, first one is Bluesky which dropped to almost nothing for the year (dropped 94%). The indicator follows the trend so there should be no buy signals for these crap stocks once it starts dropping. This should sell near the peaks to avoid losses, first sell should be just a few candle from the peak. Lets see how the indicator performs. This should avoid buying losing stocks.

For my reference:
Green triangle = buy and hold
Pink triangle = sell

Crap stocks in ASX300 2018-2019
1. BLA Bluesky (-94%)
2. CLQ Clean TEQ (-71%)
3. MLX Metals X (-66%)
4. INR Ioneer (-63%)
5. SYR Syrah Resources (-60%)
6. AJM Altura Mining (-60%)
7. AMP (-55%)
8. BWX (-55%)
9. BAL Bellamy's (-54%)
10. KGN Kogan (-54%)


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out