Saturday, August 21, 2010

This is What You Need to Know

This is what you need to know about each stock in order to prepare for the trade diligently before each buy trigger / entry:

1. What is the stock's ticker symbol
2. What is the stock's average daily volume.

3. How far is the stock above it's EMA moving averages (i.e.: 13 EMA, 34 EMA)
4. What' is the stock's short ratio.

5. How far is the stock off from it's recent highs (i.e.: -1%, 5%,-10%,-20%, etc)
6. What pattern is the stock in on the daily chart.

7. What Type of Tend is the stock in (i.e.: bullish or bearish )
8. What direction is the stock in up or down?
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