Pasquale's Chart Analysis and Stock Picks and Flips

[jjr04001]

I don't have private messaging, so I'll respond here since you help moderate this board:

I recently changed my strategy. No more home runs. AXIM was my last attempt at a home run play. I may try them again later, but getting off of the home run mentality for the most part. Now I'm playing the charts for bounces and staying happy even if I can get out at 8%, though with these bounces I'm averaging like 20%. I'm very happy with it so far.

I'm using the MONTHLY charts on stockcharts.com and learned how to write my own scans. One of the first scans I perform are - OTC stocks that touched the MONTHLY ma(50) and otc stocks that touched MONTHLY ma(70). I also try to seek out stocks that made new highs and then sit on buy orders at MONTHLY kama, MONTHLY ema(10), MONTHLY ema(20), MONTHLY ema(30). There are also some WEEKLY setups I look for. I have another scan that searches for OTC stocks that touched the WEEKLY ma(200).

My first buy of CUBV was a bit overzealous, at .0027. That's mainly because the MONTHLY ma(50) is at .0027. I also bought .0023's and .0020, because the MONTHLY ma(70) is at .0020. If you send me your email address, I can copy and paste the stockcharts.com scans I have written for such plays. It has seemed to work on almost all plays, although the MONTHLY kama strategy didn't pan out with PJET. It did however work really well with OWUV.

I think CUBV can bounce to .004, though I may be gone well before that. In GMER however, I may hold many shares until 0.2 area. Will be like a 200% gainer in my opinion, but we'll see.

How are you finding these plays? A screener?
How are you spotting dilution, may I ask? Member marked, thanks!