Have been asked a few times how to find stocks that are in a nice steady uptrend across multiple markets.
A super simple way is to use the built in TradingView screener, add some moving averages to your chart, and then set your yearly, monthly, and optionally weekly performance values to filter the list down to a manageable number. Look through the results for stocks where the price and the moving averages are all running together nicely in parallel. The whole slow and steady approach.
Once you have a list of suitable stocks in your watch list you can then go through them and work out which ones to potentially buy based on your own criteria.
I typically look for stocks with an RSI pointing up but between 55 ( shows momentum) and 65 (not yet over valued) that have had a bit of a pullback recently, but look like they are heading up again.
Super simple strategy anyone can follow and understand. Try it and see what you find.
One of those the trend is your friend kind of things :)
A super simple way is to use the built in TradingView screener, add some moving averages to your chart, and then set your yearly, monthly, and optionally weekly performance values to filter the list down to a manageable number. Look through the results for stocks where the price and the moving averages are all running together nicely in parallel. The whole slow and steady approach.
Once you have a list of suitable stocks in your watch list you can then go through them and work out which ones to potentially buy based on your own criteria.
I typically look for stocks with an RSI pointing up but between 55 ( shows momentum) and 65 (not yet over valued) that have had a bit of a pullback recently, but look like they are heading up again.
Super simple strategy anyone can follow and understand. Try it and see what you find.
One of those the trend is your friend kind of things :)
Comentarios:
I made a follow up video showing how I can use a custom indicator that was built using TradingViews PineScript to provide still trending, but less volatile results than using moving averages alone and still 100%+ type return superperformers.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
FIND TRAILING STOPS: SuperTrail.io
FIND COINS BREAKING OUT: CoinRaces.cc
MY YOUTUBE TRADINGVIEW TIPS AND TRICKS: bit.ly/3kRW08o
MEXC FOR CRYPTO: bit.ly/47QCeNR
FIND TRAILING STOPS: SuperTrail.io
FIND COINS BREAKING OUT: CoinRaces.cc
MY YOUTUBE TRADINGVIEW TIPS AND TRICKS: bit.ly/3kRW08o
MEXC FOR CRYPTO: bit.ly/47QCeNR
ie:
"I typically look for stocks with an RSI pointing up but between 55 ( shows momentum) and 65 (not yet over valued) that have had a bit of a pullback recently, but look like they are heading up again."
If you want a slightly more advanced way to buy, then rather than use a limit or market order, put in a stop order that is a few cents / dollars / percent above the current price. That way you will only actually buy the stock when it is moving up and confirming its direction is up. ie you are buying into strength.
Hope that helps.