| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 2/2/2005
Posts: 27
|
Any opinions on these stocks? I am working on different scans trying to develop a system. These came up today.
TNH
NVDA
JSDA
AA
CHDX
GMO
ERTS (maybe buy at 50.15)
|
|
Registered User
Joined: 12/21/2004
Posts: 902
|
Not sure what criteria you're using and what you're looking for. NVDA looks to me to be the worthwhile stock of this group. Strong industry. Hasn't been affected badly by the current market instability. We were discussing earlier the amount of time that a stock's MACD stays above 0 as an indicator of strength, and NVDA's MACD has been above 0 on the daily since April. Decent MACD-H profile and volume indicators both on the daily and the weekly. The rest of the list just don't look as strong.
|
|
Registered User
Joined: 5/1/2007
Posts: 158
|
Agree. I'd wait a bit on NVDA, but it should have good RS the next six months.
|
|
Registered User
Joined: 4/18/2005
Posts: 4,090
|
If you are working on a system i would suggest looking into percent true indicators to check various criteria historically. OR even download blocks and the back scanner software... then you can really fiddle with various criteria. Check out the intro vidoes on teh Blocks website.
I developed on system .. or aproach on blocks and used the percent true indicoators to develope my main signal triggers... which fits into the philosophy of my longer hold scenario and picture i'm looking for. I get so many oportunities from the one aproach I hardly check the others any more. Still maintain them for monitoring general market action.
|
|
|
Guest-1 |