Jan 1/2013
The uptrend remains intact.... MACD is depicting a consolidation... however, the stochastic in this case can be used for a dip picking... the price is skimming the 50 day average which means of course the 20 day average has been breached (early warning) suggesting a/the price move to lower support... looking back... this type of behaviour produce a continuation as the price was squeezed between the 20 day average and the 50 day average.
We are looking for an absence of selling by large institutions... this allows for an orderly rise of share price through bidding action. This type of ambient atmosphere allows stocks with solid speculative fundamentals related to sentiment trading to rise and establish trend... the field of stocks is placed in the Stockcharts Public Watch List.
Finding stocks is accomplished by scanning for certain criteria that produces a large field of prospects out of which only the best looking are selected, and moved to a Level II platform where they are watched in a research list... From there they can be researched using tools provided that filter out plays that have not developed answers to the topics listed below...
Not all of the topics can be answered all of the time, however every attempt is made to cover them all.
A Call to the investment department of a prospect is made, and the research is put to the person in charge, and the accuracy is verified.
Considerations such as icebergs, market yearly cycles...such as summer doldrums,tax selling, Santa rally and the Janyary effect are taken into account.
Charting is then used to follow the most promising.
Shares - outstanding
Options - average strike
Warrants - average strike
Fully Diluted
Reverse Split Potential
Cash on hand
Investments
Earnings per Share
Receivables
Debt
Last Financing
Burn Rate per month
Level II - analysis is paper showing
Short Report
Commentary.... icebergs noticed etc.
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