Weekend all, good to see some solid buying going into the close today. Hopefully signs of some confidence that things can indeed continue north while the global outlook continues south.
Well done to all entries into the lounge and the baggers amongst them, no doubt we need to keep the fire extinguishers charged and pointed in the direction of A84 in case he self combusts over the weekend, he is well and truly on fire ATM!
holding the following.
ANP = nice next resistance at 2 then 2.3c (I think this wil have one more retrace lower B4 the big move) MZI = solid close, watch out next week targets to 4.2 then 5c CPZ = topped up in the am today, buying volume today confirming the signal (so far) will hold this now for the ride if + volumes continues to follow through next week. WHE= encouraging today but needs volume next week or could go back to fill the gap LOM= nice LNG= called this one 4 weeks to early on the tip sheet. But well and truly under way now after the shake out. Upside may surprise.
Personally I have some soul searching to do with what’s going on with my picks. I have a weekend shortlist of top 10 to finally only put 2 forward. From the ones I have put forward, most have failed and the ones I have not, …..most have gone on to easily achieve min. +25 %ers.
So at present I need to find the missing link, which is making me for some reason pick the wrong ones from the original 10.
My top 10 are all selected from approx 30 that I might be watching at any one time with a quick chart and volume scan and a 3 point favorite indicators check I use.
So from at TA point of view only (if you know nothing about the stock) what kind of final screen or filter do you use to pick the best of the best of the best.
As mentioned when I started posting here approx 5 weeks ago, I’m here to learn, so any help on this would be appreciated.
I am also now understanding ur personal picking styles and notice the chart patterns in your picks, Most I see are continuation of confrmed patterns, and some are start of the original trend. personally I have preference for picking starts. maybe this is the broken link as you are already second guessing if the follow through will happen instead of already being confirmed???
