Technical analysis & trading mainly concentrate on trending stocks because they are visually very convincing. But TA on rangebound stocks is often neglected from books & hence from trading too. Mean reversion is what rule the price move in such stocks.
It's a goldmine, learn it
More from Aneesh Philomina Antony (ProdigalTrader)
https://t.co/3eAoEqM7QQ up trending market look for pin bar with good volume
2.Rsi divergence and macd histogram divergence both at the same time on 3 min chart
https://t.co/qrAH9PZ6D3 = Low (15min)
1/7
4.ORB with 15 min candle stick along with support and resistance of previous 5 days
5.Pullbacks in Strong momentum (wide range candles + Volume) stocks
6.ORB with volatility contraction and then wide range candle breakout with volume expansion
2/7
7.Fakeout like spring and Upthrust for entry pullback with low volume
8.CPR analysis with standard pivots
9.PDH/PDL breakout with volume, vwap and RSI confirmation
3/7
10.Horizontal support/resistance from HTF and confirmation of acceptance or rejection in lower timeframe as reversal candlestick patterns with volume confirmation
https://t.co/75kykbExlg writing data and Put Writing data in correlation with price action
4/7
12.Pivots (Fibonacci) and Price action with volume activity
13.Ichimoku set ups with previous day NR4/NR7 scrips with pivots and volume as trading tools
https://t.co/JcwqOZS5L4 and rejections on 100/200 ema
15.EMA20 and rsi divergence with daily trend structure
5/7
More from Screeners
1) Volatility, Volume & daily range compression scanner
2) Punch-Drunk-Love
3) GE Ratio - to track fundamentally strong stocks
4) Recently created one to track Power Play setups.
I get around 150-200 stocks daily & choose the ones with the most potential.
Sir, How do u find a set up - Do you track chart of each stock daily ? Or do u have filters , that lead you to a number of stocks , after which you scan them.
— AKASH GUPTA (@lockdownmurti) August 25, 2021
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Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
