How A Computer Reads A Stock Chart - Secret Million Dollar Algorithm Revealed
Looking at a stock chart is not how I pick winners. Don't get me wrong, I do look at stock charts but they are not how I pick 100% baggers. I'm going to show you the exact formula I use to pick winner after winner.
This is not about using technical analysis to read a stock chart. It is something much more effective.
I'm part of an exclusive stock club that gave me this algorithm. Make no mistake, this algorithm is very powerful and can produce annual returns in excess of 1,000%!
This revolutionary algorithm makes your computer think better than a human brain. Older software used statistics and set models for processing, but this algorithm is literally like having 100 stock analysts and day traders sitting inside your computer working for you!
My fellow inner circle club members have used this to make a ton of cash. I'm going to tell you exactly what this secret algorithm is.
So you are probably wondering why I'm giving this away free. Well, I'm hoping you will make a lot of money from this formula and become a subscriber to my blog. That's fair.
We need to examine the trend. Get the 10 day MA, the 20 day MA, and the 50 day MA. The formula is: 10 day MA greater than 20 day MA greater than 50 day MA. So the 10 day MA should be above the 20 day MA. The 20 day MA should be above the 50 day MA. If this criteria is met, move on to the next step. If not, toss out the stock and start over.
The next step in this secret formula is to examine the last hour of trading on the previous day. If it has closed above the 5 hour MA, move to the next step. It is hasn't toss the stock out and pick a better one.
In this step we must look at the stock's 3 day high. If it is at a 3 day high, you can keep reading the next step below. If not, you need to ditch the stock and start over again with another stock.
The next component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
In this step, we need to look at the previous week of trading and then 2 weeks before that. If the stock hit a 3 week high in the last week of trading, that is excellent, keep reading. If not, say goodbye to the stock and start over again with another stock.
The final component in this formula is if the stock has hit a 3 month high in the last month (the previous full month of trading). - 23167
This is not about using technical analysis to read a stock chart. It is something much more effective.
I'm part of an exclusive stock club that gave me this algorithm. Make no mistake, this algorithm is very powerful and can produce annual returns in excess of 1,000%!
This revolutionary algorithm makes your computer think better than a human brain. Older software used statistics and set models for processing, but this algorithm is literally like having 100 stock analysts and day traders sitting inside your computer working for you!
My fellow inner circle club members have used this to make a ton of cash. I'm going to tell you exactly what this secret algorithm is.
So you are probably wondering why I'm giving this away free. Well, I'm hoping you will make a lot of money from this formula and become a subscriber to my blog. That's fair.
We need to examine the trend. Get the 10 day MA, the 20 day MA, and the 50 day MA. The formula is: 10 day MA greater than 20 day MA greater than 50 day MA. So the 10 day MA should be above the 20 day MA. The 20 day MA should be above the 50 day MA. If this criteria is met, move on to the next step. If not, toss out the stock and start over.
The next step in this secret formula is to examine the last hour of trading on the previous day. If it has closed above the 5 hour MA, move to the next step. It is hasn't toss the stock out and pick a better one.
In this step we must look at the stock's 3 day high. If it is at a 3 day high, you can keep reading the next step below. If not, you need to ditch the stock and start over again with another stock.
The next component in this formula is if the last price of the stock is above the 20 day MA. If it is, move on, if not, reject and start over.
In this step, we need to look at the previous week of trading and then 2 weeks before that. If the stock hit a 3 week high in the last week of trading, that is excellent, keep reading. If not, say goodbye to the stock and start over again with another stock.
The final component in this formula is if the stock has hit a 3 month high in the last month (the previous full month of trading). - 23167
About the Author:
Before you spend the time doing this manually, there is an automatic stock screener that can scan over 25,000 stocks in 5 seconds. For more information go to Lance Jepsen's blog at stock chart
posted by X - Men @ 12:13 AM
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