Two major strategies that have yielded good stock profits.
Markets have a natural rhythm to them, an ebb and flow if you will. We have long advocated
1) Buying on constructive weakness
2) Selling into strength should the stock price get ahead of itself. Numerous examples can be viewed in our report archives here: https://www.virtueofselfishinvesting.com/reports
Three important themes arise:
•The closer one buys a stock as it pulls back to a logical area of support, the less risk since one's sell stop is well defined.
•The stronger the prior price move in the stock, the greater the odds of the stock continuing to exhibit such price strength when it launches again.
•When a stock's price gets too far ahead of its 10-day moving average, it typically corrects or trades sideways to digest gains.
In selecting our stocks, we run our screens throughout the trading day in search of such stocks with the best risk/reward profiles.
As a few of many examples, see our Focus Lists, Weekend Reviews, and individual stocks that can be searched by ticker symbol in the report archives here: https://www.virtueofselfishinvesting.com/reports
Focus List egs: https://www.virtueofselfishinvesting.com/reports/view/market-lab-report-review-of-current-vosi-focus-list-as-of-august-19-2016
Weekend Reviews egs: https://www.virtueofselfishinvesting.com/reports/view/market-lab-report-weekly-review-of-pocket-pivot-reports-for-the-week-of-august-15-19-2016
Some members also use our Focus List to add to their own personal list.
If you have any questions, feel free to contact us
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.