First off I am not a chartists, I use several software packages during the day and would like for others to be able to benefit from their output as well. I would like to primarily focus on stocks in the range of $0.20 to $10.00 in the beginning.
One software that I use watches Market Sectors and their direction though out the day. How would this help?
Say you have two great chart setups your watching and your not really sure which to invest in. Well if you choose the stock from a weak sector (or one currently on the decline) the move would be less powerful than if you choose the stock in a advancing upward sector. imho Make sense?
I also watch intra-day charts in various time frames through out the day and have been noticing that several stocks are being called days after their trends had started to turn upwards on the intra-day....I'd like to post alerts when they start turning during the day so that you can put them on your own watch and get in before the move really begins.
I also use scanning software and will post (time permitting) when stocks hit the indicators of the scan.
I would eventually like this board to become valuable to anyone playing the big boards and anything I post is for informational purposes only, please do not take any stock as a recommendation to buy or sell.......remember that is your own decision.
any suggestions or anyone with special skills are welcome.
You are the ultimate master of your own buys and sells, take control and responsibility.
