I haven’t read up on the Weinstein Method, however having seen the above graphic featuring the 30 weekly MA, I am seriously wondering what sort of stocks the method is designed for. I‘m getting the impression it might have been designed to trade big blue chip stocks.
However I‘m not saying that if the parameters are drastically changed/shortened that it couldn’t apply to smaller or even penny stocks.
Possibly worth doing some additional research on the method itself, if and in what way it can/could be modified. What are the fail safe settings of the method, because who says the 30 MA even applies here?
Chart, page-240
-
- There are more pages in this discussion • 203 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.49 |
Change
0.040(2.77%) |
Mkt cap ! $577.7M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.51 | $1.41 | $4.630M | 3.149M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15967 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 4747 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CHN (ASX) Chart |