Hi,
I've been studying for quite some time now and i feel as though I'm wasting my time..
I do not seem to understand how to find stocks to add to my watchlist. How do i tell if a stock will breakout soon? and what criteria is a good basis for a watchlist? Again these are questions that i feel stupid for asking but i can't seem to find the answers anywhere.
Any help is appreciated,
Thanks a million.
@cwood by best looking charts, do you mean highest upside potential? and how do you search for earnings winners? videos aren't too descriptive
@PhilipHegarty7 best looking chart would depend on your strategy. In my case i look at support and resistance. Both intraday and daily in comparison to the closing price. Since I am long biased i look to see that price closed near high of day with strong volume. If the closing price is too far from the high it doesnt make my list because it may take a while to form another breakout.
^ This.
@PhilipHegarty7 By best looking charts, I mean the charts that fit proven price patterns. I have posted a lot of repeating earnings winner patterns on here. I use a website dedicated to low priced earnings winners. Send me a direct message if interested, can't post external links on profit.ly anymore.
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