All chart timeframes, are matched to "the planned trade". "Swing trades" are on 3 and 6 month charts. Longer charts are used to evaluate a stock when necessary.
December is a great time to be scooping up stocks, that have been Sold for Tax Loss Selling purposes, as a good many of these stocks will make Big Percentage moves-up in the months of Jan/Feb/Mar at the start of the New Year, which is a Reporting Period for most companies, and the Reports are usually favorable.
All chart timeframes, are matched to "the planned trade". "Swingtrades" are on 3 and 6 month charts. Longer charts are used to evaluate a stock when necessary.
Buying: Consider buying those stocks that were $Down $Sharply, as they are now selling at a discount, and could receive a big percentage increase today.
Buying: Consider buying, those stocks that were $Up $Sharply, as they could receive a 50% haircut, or more, first thing this morning, allowing you to "Buy" them, at a discount today.
Buying: Keep a close eye, on the RSI ! Consider buying, those stocks with an RSI (Relative Strength), of < 40 , as they can receive a sharp percentage rise, quickly, over the following days.
Selling: Keep a close eye, on the RSI ! Consider selling, those stocks with an RSI (Relative Strength), of > 70 , as they can receive a sharp percentage drop, quickly, over the following days.