Today, I will show you how to use spot the potential stocks in a just few minutes, to decide what and when to buy for a short to medium term investment.
Steps
1) Open your VectorVest program, select US market. From the Top RT Industries section, you will see the highest %change of an industry last night was Transportation (Truck). Now you right click and select <View the industry graph>.
2) Select <Midas Touch> layout.
3) Spot the MA Stop (10) & MA Stop (65) crossover, then you will find 21-Jun-17, then you see the a bullish reversal happened on 23-Jun-17
4) Now go back to Top RT industries list, right click again on Transportation (Truck), select
5) Select Top 5 only
6) Spot on the stocks which has RS & RT & CI > 1.0, then select CI > 1.3. Therefore you have 3 stocks left. They are ODFL, SAIA, SWFT
7) View Graphs, and mark the date you got from step 3 on all graphs.
The first reversal happened on 19-May, and the date where MA Stop (10) & MA Stop (65) crossover was 21-Jun. These stocks behave almost the same to the industry chart.
By drawing a simple Fibonacci Extension, you will find your target.
Steps
1) Open your VectorVest program, select US market. From the Top RT Industries section, you will see the highest %change of an industry last night was Transportation (Truck). Now you right click and select <View the industry graph>.
2) Select <Midas Touch> layout.
3) Spot the MA Stop (10) & MA Stop (65) crossover, then you will find 21-Jun-17, then you see the a bullish reversal happened on 23-Jun-17
4) Now go back to Top RT industries list, right click again on Transportation (Truck), select
5) Select Top 5 only
6) Spot on the stocks which has RS & RT & CI > 1.0, then select CI > 1.3. Therefore you have 3 stocks left. They are ODFL, SAIA, SWFT
7) View Graphs, and mark the date you got from step 3 on all graphs.
The first reversal happened on 19-May, and the date where MA Stop (10) & MA Stop (65) crossover was 21-Jun. These stocks behave almost the same to the industry chart.
By drawing a simple Fibonacci Extension, you will find your target.
NYSE:KNX