For the past 15 years the StockConsultant tools have dominated the online technical analysis space with simple price action indicators, cool candlestick charts, support , resistance, volume, targets, and breakouts. This is not investment advice.
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.
I first started trend following 18 years ago. I wanted to know who was succeeding and what they were doing. My broker told me the most successful client of his company was a dentist who trend followed.
Your #1 Source For Dividend Investing - Dividend.com is a financial services website dedicated to dividend stock investing. We provide stock ratings, daily commentary, a free newsletter, and more!
Follow us on Twitter at @DividendDotCom
Penn State Econ major~Scholar of Behavioral Finance & 30yr mkt trader~Proponent of the notion that psychology & emotion recurrently contest the efficient market hypothesis*DISCLAIMER:NEVER trade any security based on my opinions~Live Life~Smile Often
I momentum trade Elliott Wave setups in high betas using open range breakout triggers trades to minimize risk and maximize reward. All entries and exits are programmed into an algo for perfect execution of my rules.