This video will show you a VERY simple way to find stocks that might be at the start of a new upward trend.
Video covers:
1. Change your chart from a line chart to a candlestick chart
2. How to add a Simple Moving Average indicator and customise its settings
3. How to setup and add columns in the TradingView Screener
4. How to find stocks where the price has just crossed above the 20 Day Moving Average
5. How to create a TradingView Watchlist
6. How to add these stocks to the Watchlist and keep track of them over the next few days to see if they are trending up
Tips:
- Don't forget to save your columns (on the left drop down in the screener) and your filters (on the right drop down in the screener)
- I tend to look for stocks where the Moving Average is starting to point up to show that the overall trend is up, and not simply a blip
- I also like to add the RSI to look for stocks where the RSI is pointing up and between 45 and 65.
This is just a very simple example, but the demonstration of how to use some of the tools above might give you some of your own ideas and help you apply them to your own trading style.
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Comentarios
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The NASDAQ was hit hard today, down almost 2% so with the overall market down some of these stocks struggled against the wider market conditions but you can see how all the ones in our screener list ended up performing:
@zAngus, @dhhteo - spoke to support, "price" is the same as "last", just renamed.
kvntran09
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I just found this video. Love it!! Thanks.
advanz1
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Being new to the trading game, this video has helped me immensely on how to find stocks to keep an eye on. Thanks for putting it together. What broker would you suggest to use btw? I'm an aussie as well.
zAngus
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@advanz1, if Aussie and you just want to trade ASX and US stocks then I would recommend Stake / helloStake. They use Chess so the ASX stocks are in your actual name as opposed to in a trust type structure. Free US brokerage, fractional shares, tiny minimum orders etc etc