- Joined
- Sep 30, 2015
- Messages
- 93
I have high hopes that PLTR, OKLO, BBAI, SOFI, UMAC, RCAT, et al finance my lavish retirement.
Did you see DOCS and OKLO on Friday?
If I see something on IBD’s “Stocks on the Move” daily list, I quickly cross reference with Zack’s, and if its a strong buy or buy, I look on trade vision to validate a breakout, and that it’s over the 50 day moving average and RSI is trending upwards.
If all of the above, I buy and set a stop @ 92% of the purchase price.
Once a stock gains some distance (up) from the purchase price, I set stops at the 20 day moving average or 92% of current price (which ever is higher) for fast movers. BBAI in the last two days is a good example. Or 2% below the 50 MA for slow and steady climbers that I’ve owned for a while. Why 2% below? Gives them some room to bounce.
Did you see DOCS and OKLO on Friday?
If I see something on IBD’s “Stocks on the Move” daily list, I quickly cross reference with Zack’s, and if its a strong buy or buy, I look on trade vision to validate a breakout, and that it’s over the 50 day moving average and RSI is trending upwards.
If all of the above, I buy and set a stop @ 92% of the purchase price.
Once a stock gains some distance (up) from the purchase price, I set stops at the 20 day moving average or 92% of current price (which ever is higher) for fast movers. BBAI in the last two days is a good example. Or 2% below the 50 MA for slow and steady climbers that I’ve owned for a while. Why 2% below? Gives them some room to bounce.
