I am thinking that - to do well in this climate - you have to pick the major runners , so that when the entire market takes a hit , you are up enough to be able to absorb the loss, Your share has to be in a major bull run , or it has to have been fully accumulated by a market maker, but not participated in a rise yet - but is due for it . The bottom is in.
The market maker will use the coronavirus to his advantage. The share should still follow it's intended path (whether that be - parabolic rise , sideways accumulation, minor pullback, major pullback, or change of trend to downtrend) - but it will do it faster, as there is so much fear and turbulence around, .to help the market maker out. What is the market maker doing? Find out - and do the same. He will not allow the ship to go down , without recovery.
Key would be being in the right sectors . Most sectors have suffered a severe pullback . You need to be in sectors that are needing that severe pullback. The market maker has already sold a portion of his shares during the last rise . The share is due for a major shakeout, as the chart was too overbought . He has to pull the chart back , so that it can continue to handle a major rise again, without getting overbought too quickly . He would have done this anyway . The virus is allowing him to do it faster .
So if you are happy that your sector is only experiencing a shakeout, then you need to look for the same in individual shares . Key is - being able to pick the point on the chart where shares NEED a bullish pullback that will enable it to get so oversold, that it actually becomes bullish. The pullback would have happened anyway , because it was too overbought prior . The share would be putting in a peak, but not a top. It is overbought , but hasn't been distributed yet . The market maker is still in , and fully loaded up - so you should be too.
So to put it simply we are looking for a sector and a share that is in a bull run that is overbought, but distribution has not taken place yet . Or else we are looking for shares that are in a bullish sector that have been fully accumulated by a market maker , but haven't participated in a rise yet , but are due for it .
Anyway - all of the above is easy to say, hard to do.
