In 1872 George Tritch documented a strategy for when to Buy and Sell stocks over the next 200 years.
While Buy and Hold performed better, it is pretty impressive that a strategy documented almost 150 years ago had a 91% hit rate.
The strategy also identified the (near) peaks of major crashes including 1929, 1999, 2007 and 2020.
Two key learnings:
1. Buy and...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Elon Musk: "Tesla has diamond hands"
$TSLA is one of the top most talked...
I took some time this morning to go over the chart for Devon Energy. It looks like there is a lot of room for potential. 35 Analysts say 86% BUY. Trend continuity is in perptual uptrend. There's a steady diagonal line there. Earnings report coming up in July. There are some good short squeeze positions at the pinnacle of those bounces as well however if you buy...
Last swing went great and it's currently looking good for another swing set up.
Price broke out of a rising wedge in the 1hr timeframe which is both a bearish chart pattern and a bearish signal.
MACD is about to cross on the daily timeframe and Ichimoku cloud is still thick meaning strong momentum is there.
Expecting more dump in the next coming weeks so I set...
Hind Oil is under uptrend which has just started and moving inside a channel.
Buy around - 105 - 99
Target 1: 115
Target 2: 136-150
Timeframe - Short-term
Closing above 116 will lead to good up-move till 134.
Hold this rally for good profits.