Swing Trading Model

[LiveLife]

READ FIRST: Managing and updating watch list.

While I migrate contents from my wordpress blog site, I wanted to start a stickied post to go over the methods and process I use to conduct my trades - https://stocktradingmodel.wordpress.com/

Following is how I manage and update my watch list.

Usually on a weekly basis, I will run the stock screener to identify stocks that may be rebounding or about to rebound.

Currently I am using FinViz with following filters and sorted by price - https://finviz.com/screener.ashx?v=141&f=geo_usa,sh_avgvol_o500,sh_curvol_o1000,sh_price_u3&o=price

- Price under $3
- 500,000+ average volume
- 1,000,000+ current volume

I will then do a technical chart review for each stock and if a stock is about to rebound, I will add to the watch list as WATCH. If a stock is rebounding, I will add as BUY.

Since OTC stocks carry potential for large gains, I also include them in my watch list.

This week, running of filtered stock screening confirmed most stocks on my watch list and added a few more. Below is my watch list as of 11/26/18 with simplified chart review of stocks with BUY/HOLD recommendations (For now, I am listing full chart reviews with annotations links at the bottom of intro page so they can be found easily):


WATCH: ABIO, ADOM, AKER, APRN, ARYC, AYTU, BPMX, CATB, CEI, CYTX, DCIX, DNR, DPW, DRUS, EAPH, ENDV, HEMP, JONE, MJNA, MNKD, MOSY, NSPR, NVCN, ONCI, PHOT, PLG, POTN, PTN, PXS, RXMD, SHMP TOPS, TROV, TRXC, VLRX

BUY: APRU, BW, CRMD, DCTH, HMNY, INPX, MNGA, ONCS, SFOR, SGYP

HOLD: GSAT, RGSE, NLST, UPL

Take Profit/SELL: None


Chart review (5/30 MA used) – http://stockcharts.com/h-sc/ui

RGSE - Up 22.9%. Continuing rebounding from $.35 closing at $.77 (100%+) with both 5/30 MA positive and MACD/histogram positive. RSI is above 70 so will be looking for profit taking point.

NLST - Up 2.5%. Continuing rebounding from $.3 closing at $.61 (100%+) with both 5/30 MA positive and MACD/histogram positive. RSI is above 70 so will be looking for profit taking point.

UPL - Up 1.3%. 5MA falling but still above 30MA. Continuing rebound from $1 closing at $1.49 (150%) with MACD and negative histogram falling. If 5MA doesn't rebound above 30MA, will move to WATCH.

APRU - Down 2.2%. Price continuing the rebound from $.012 closing at $.0133. Negative MACD histogram still rising.

BW - Down 4.8%. Price continuing the rebound from $0.775 closing at $.921. 5MA positive and MACD/histogram positive.

CRMD - Down 2.3%. Price continuing the rebound from $.85 closing at $1.3. 5MA rising. MACD rising above reference line with histogram going from negative to positive (BUY signal).

DCTH - Down 8.4%. Price continuing the rebound from $.275 closing at $.485. RSI rising from 30, 5MA/MACD/positive histogram all rising.

GSAT - Up 4.6%. Price continuing the rebound from $.33 closing at $.416. RSI rising above 50. 5MA/MACD/positive histogram all rising.

HMNY - Up 3.1%. Price continuing the rebound from $.0135 closing at $.0166. RSI below 30 and 5MA flat but MACD rising.

INPX - Up 3.5%. Price continuing the rebound from $3 closing at $4.52. 5MA rising. MACD rising above reference line with histogram went from negative to positive (BUY signal).

MNGA - Up 12.1%. Price starting a rebound from $.25 closing at $.308. 5MA rising above 30MA. RSI rising above 50. MACD and negative histogram rising.

MOSY - Up 6.2%. Price continuing the rebound from $.22 closing at $.26. RSI approaching 50. 5MA/MACD/positive histogram rising.

ONCS - Down 3%. Price continuing the rebound from $.80 closing at $.92. RSI rising from 30. 5MA rising. MACD about to cross reference line with histogram about to go from negative to positive (BUY signal).

PXS - Up 5.5%. Price continuing the rebound from $1.2 closing at $1.4. RSI below 50 with 5MA flat and MACD falling but negative histogram rising.

SFOR - Down 4.5%. Price continuing to rebound from $.0105 closing at $.0148. 5MA above 30MA with MACD/positive histogram rising. If 5MA continues above 30MA, will move to HOLD.

SGYP - Down 3.3%. Price fell towards bottom of $.35 closing at $.37. RSI rising below 30. 5MA flat after histogram negative to positive crossover on 11/14/18 with MACD rising.