Learn to find the stocks with the best technical setup and see if they fit the criteria (8/8 full score). Of course these stocks should be in the top performing sectors and you should wait for short-term pullbacks to entry...
Analysis:
A recent news "U.S. sanctions China’s CNOOC on drilling in disputed South China Sea." ---- Such news caused CNOOC (883) plummet for 20%.
Margin positions shall be all kicked off by such volatility .
Entry:
$7.6 a share could provide 10% dividends to stock holders, according to the record, so it would be a good pick.
Target:
We look for $8.6 (The...
The monthly chart All the moving averages are showing downwards momentum. 200 ma (Grey Line) is bullish that is due to historical rally from 2002 to 2011.Then we have a black sr line that shows resistance on four occasion starting from feb 2012 to sept 2014. Then it was broken on April 2018 and provided support but failed to make higher highs and formed a...
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
