I'm going to do something that is unheard of in stock chart and market analysis. I'm going to tell you exactly what I look for in a stock and how I find picks for one of the most popular stock blogs on the Internet.
This is a secret formula that is much more effective than just reading a stock chart.
I'm part of an exclusive stock club that gave me this algorithm. Make no mistake, this algorithm is very powerful and can produce annual returns in excess of 1,000%!
This revolutionary algorithm makes your computer think better than a human brain. Older software used statistics and set models for processing, but this algorithm is literally like having 100 stock analysts and day traders sitting inside your computer working for you!
My fellow inner circle club members have used this to make a ton of cash. I'm going to tell you exactly what this secret algorithm is.
Now you might be thinking how a formula this valuable can be given away free. Simple. I want you as a regular reader of my free blog. I figure if I can help you make a ton of cash you'll become a subscriber. That sounds fair.
One component of this formula is to establish the direction of the trend. You need the 10 day MA, the 20 day MA, and the 50 day MA. The formula for this section is: IF 10 day MA greater than 20 day MA greater than 50 day MA THEN NEXT STEP. This is just a computer way of saying that the 10 day MA needs to be above the 20 day MA which needs to be above the 50 day MA. If it is, move on to the next step, if not, throw away that stock and start over.
The next step in this secret formula is to examine the last hour of trading on the previous day. If it has closed above the 5 hour MA, move to the next step. It is hasn't toss the stock out and pick a better one.
Now in this next step, we need to see if the stock is trading at its 3 day high. If it is, read the next step below. If not, you know how this goes, get rid of the stock and find another one and start all over again.
The next component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
The next component in this formula is if the stock has hit a 3 week high in the last week (the previous full week of trading). If not, reject the stock and start over.
In this component of the algorithm, we must look at the previous month of trading and then 2 months before that. What you need to determine is if the stock, during the previous month, hit a 3 month high. If it has, now that's a stock! If it has not, you must let the stock go and find another stock and repeat this process over again. - 23309
This is a secret formula that is much more effective than just reading a stock chart.
I'm part of an exclusive stock club that gave me this algorithm. Make no mistake, this algorithm is very powerful and can produce annual returns in excess of 1,000%!
This revolutionary algorithm makes your computer think better than a human brain. Older software used statistics and set models for processing, but this algorithm is literally like having 100 stock analysts and day traders sitting inside your computer working for you!
My fellow inner circle club members have used this to make a ton of cash. I'm going to tell you exactly what this secret algorithm is.
Now you might be thinking how a formula this valuable can be given away free. Simple. I want you as a regular reader of my free blog. I figure if I can help you make a ton of cash you'll become a subscriber. That sounds fair.
One component of this formula is to establish the direction of the trend. You need the 10 day MA, the 20 day MA, and the 50 day MA. The formula for this section is: IF 10 day MA greater than 20 day MA greater than 50 day MA THEN NEXT STEP. This is just a computer way of saying that the 10 day MA needs to be above the 20 day MA which needs to be above the 50 day MA. If it is, move on to the next step, if not, throw away that stock and start over.
The next step in this secret formula is to examine the last hour of trading on the previous day. If it has closed above the 5 hour MA, move to the next step. It is hasn't toss the stock out and pick a better one.
Now in this next step, we need to see if the stock is trading at its 3 day high. If it is, read the next step below. If not, you know how this goes, get rid of the stock and find another one and start all over again.
The next component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
The next component in this formula is if the stock has hit a 3 week high in the last week (the previous full week of trading). If not, reject the stock and start over.
In this component of the algorithm, we must look at the previous month of trading and then 2 months before that. What you need to determine is if the stock, during the previous month, hit a 3 month high. If it has, now that's a stock! If it has not, you must let the stock go and find another stock and repeat this process over again. - 23309
About the Author:
Before you waste the time doing this by hand, there is an automatic stock chart screener that can scan over 25,000 stocks in 5 seconds. For more information go to Lance Jepsen's blog at stock chart
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