Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Volume will (should) pick up significantly, for not only the increased enthusiasm, but many are holding positions on the wrong side of the breakout and need to cover or sell them. It is better if the volume does not happen until the gap occurs. This means that the new change in market direction has a chance of continuing. The point of breakout now becomes the new support (if an upside breakout) or resistance (if a downside breakout). Don't fall into the trap of thinking this type of gap, if associated with good volume, will be filled soon. It might take a long time. Go with the fact that a new trend in the direction of the stock has taken place, and trade accordingly. Notice in the chart below how prices spent over 2 months without going lower than about 41. When they did, it was with increased volume and a downward breakaway gap.
General Motors Corp. (GM) Breakaway Gap example chart from StockCharts.com
A good confirmation for trading gaps is if they are associated with classic chart patterns. For example, if an ascending triangle suddenly has a breakout gap to the upside, this can be a much better trade than a breakaway gap without a good chart pattern associated with it. The chart below shows the normally bullish ascending triangle (flat top and rising, lower trend line) with a breakaway gap to the upside, as you would expect with an ascending triangle.
Ambac Financial Group, Inc. (ABK) Breakaway Gap example chart from StockCharts.com
Bank of Japan (BOJ) Monetary Policy Monthly Report: Release schedule : 6:00 (GMT); in the middle of the month
Revisions schedule : None
Source of report : Bank of Japan
Web Address : http://www.boj.or.jp/en/
Address of release : http://www.boj.or.jp/en/theme/seisaku/handan/gp/index.htm
Daily Candlestick Chart for EMWW
[img]stockcharts.com/c-sc/sc?s=EMWW
$CLHRF BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=CLHRF
Daily Candlestick Chart for VKML
[img]stockcharts.com/c-sc/sc?s=VKML
What is Fundamental Analysis?
Fundamental analysis is the examination of the underlying forces that affect the well being of the economy, industry groups, and companies. As with most analysis, the goal is to derive a forecast and profit from future price movements. At the company level, fundamental analysis may involve examination of financial data, management, business concept and competition. At the industry level, there might be an examination of supply and demand forces for the products offered. For the national economy, fundamental analysis might focus on economic data to assess the present and future growth of the economy. To forecast future stock prices, fundamental analysis combines economic, industry, and company analysis to derive a stock's current fair value and forecast future value. If fair value is not equal to the current stock price, fundamental analysts believe that the stock is either over or under valued and the market price will ultimately gravitate towards fair value. Fundamentalists do not heed the advice of the random walkers and believe that markets are weak-form efficient. By believing that prices do not accurately reflect all available information, fundamental analysts look to capitalize on perceived price discrepancies.
Daily Candlestick Chart for ARCS
[img]stockcharts.com/c-sc/sc?s=ARCS
Bullish Reversal Candlestick Patterns: The Bullish Reversal Candlestick Pattern has over 14 different pattern styles. These include the Bullish Engulfing, the Piercing Pattern, the Harami, the Hammer, the Inverted Hammer, the Morning Star, and the Abandoned Baby. To use Bullish Reversal Candlestick Patterns succesfully, look for the pattern in a downtrend and use Bullish Confirmation to validate your analysis. Further reinforce your results by using additional analysis to confirm the patterns.
$SGCP BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=SGCP
What is the Bid price? What is the Ask price?
When you request a quote for a stock, you will receive the bid price and the ask price. The bid price is the best (highest) price you might receive if you sell your stock back to the market. The ask price is the best (lowest) price you might receive if you buy stock from the market.
You are not guaranteed to get these prices because the market fluctuates constantly and prices change quickly. Also, if you buy (or sell) shares of a low-volume stock, you run the risk of affecting the price due to excess demand (or supply).
$XSNX BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=XSNX
For thou convenience $RGRX BarChart Trader's Cheat Sheet NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=RGRX
$GLHV Profile on PST - For All Your DD Use More http://www.pennystocktweets.com/stocks/stockprofile/GLHV
This link will help thou $RFMK BarChart Trader's Cheat Sheet NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=RFMK
The XLY/XLP ratio chart and the Industrial Metals/Bond Ratio chart could be part of a basket of broad market indicators designed to assess the overall strength or weakness of the stock market. One indicator or one relationship should not be used on its own to make a sweeping assessment of market conditions
$PSPW Profile on PST - For All Your DD Use More http://www.pennystocktweets.com/stocks/stockprofile/PSPW
BarChart Trader's Cheat Sheet $ADCC NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=ADCC
Generally, the tighter the range, the more exact the level. If the trading range spans less than 2 months and the price range is relatively tight, then more exact support and resistance levels are best suited.
Use PennyStock Tweets For All Your $CBIS DD
http://www.pennystocktweets.com/stocks/profile/CBIS
Knowing a little bit about the fundamentals — those basic facts that affect the supply and demand for a security in all markets — can help the day trader respond better to news events. It can also give you a better feel for when swing trading (holding a position for several days) will generate a better profit than closing out every night. But knowing a lot can drag a day trader down.
BarChart Trader's Cheat Sheet $AEEI NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=AEEI
That's much the same in all endeavors. The only way to continue making money, to continue growing and keeping your profit margins healthy, is to constantly come up with new ideas.
Use PennyStock Tweets For All Your $MIESF DD
http://www.pennystocktweets.com/stocks/profile/MIESF
Behold the $ARYC BarChart Trader's Cheat Sheet NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=ARYC
The chart above shows this ratio with the S
More On $BRYN At PennyStock Tweets
http://www.pennystocktweets.com/stocks/profile/BRYN
Feast thine eyes upon $HRBR BarChart Trader's Cheat Sheet NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=HRBR
Use PennyStock Tweets For All Your $SFBR DD
http://www.pennystocktweets.com/stocks/profile/SFBR
At this point though, we are still unsure if a large trading range will develop. The subsequent low in December, which was just higher than the October low, offers evidence that a trading range is forming, and we are ready to set the support zone.
UNDERSTANDING PAID EXPOSURE ,
There are thousands of public companies around the world all looking
to attract shareholders so getting the word out is necessary to get
the attention of the investing community. Because penny stock companies do not receive the traditional
coverage of major media or analysts like their big brothers do, if
they want to get their story out or keep investors informed, they
have to pay for it. These advertisements are also known as investor relations (IR)
campaigns and are designed to generate positive exposure to the
investing community of the company.
For thou convenience $GLCO BarChart Trader's Cheat Sheet NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=GLCO
Check Out $VKMD On PennyStock Tweets
http://www.pennystocktweets.com/stocks/profile/VKMD
This link will help thou $AAGC BarChart Trader's Cheat Sheet NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=AAGC
For All Your $ILNS DD ~ Use PennyStock Tweets
http://www.pennystocktweets.com/stocks/profile/ILNS
NITE-LYNX $XPLT BarChart Trader's Cheat Sheet
http://www.barchart.com/cheatsheet.php?sym=XPLT
For All Your $PWEI DD ~ Use PennyStock Tweets
http://www.pennystocktweets.com/stocks/profile/PWEI
This link will help thou $ALBY BarChart Trader's Cheat Sheet NITE-LYNX
http://www.barchart.com/cheatsheet.php?sym=ALBY
Followers
|
3284
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2804248
|
Created
|
08/22/10
|
Type
|
Free
|
Moderator Nilbud | |||
Assistants mick ManicTrader PhotoChick Kirimi $Pistol Pete$ |
Investor Hub Alerts: Sign up for 'STOCKGOODIES PLAYS OF THE WEEK ' E-Mail List UPDATE; 5-1-22 courtesy of charting /\ wit tweezer top calls /\ Tony @Montana_Trades Really good study sheet on Candlestick Patterns [-chart]pbs.twimg.com/media/FRn8188XMAAdZvk?format=jpg&name=small[/chart]
02-07-2021
|
Posts Today
|
0
|
Posts (Total)
|
2804248
|
Posters
|
|
Moderator
|
|
Assistants
|
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |