ap09au5616 9 posts msg #155197 - Ignore ap09au5616 |
1/5/2021 10:02:40 PM
Hi Experts,
Can someone share the filter for penny stocks?
Is RSI (2) works for penny stocks and is it a good option to pick the stocks which are below RSI (2) 10?
If yes, please let me know what other indicators can be used in addition to RSI(2).
Thanks in advance.
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miketranz 966 posts msg #155206 - Ignore miketranz |
1/6/2021 4:37:52 PM
Penny stock breakout filter...
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Nobody 404 posts msg #155216 - Ignore Nobody |
1/7/2021 2:44:39 PM
Thank you - miketranz
Any tips on finding before breakout ...best indicator to use RSI or ...MACD 12,26,9?
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ap09au5616 9 posts msg #155217 - Ignore ap09au5616 modified |
1/7/2021 3:30:33 PM
Thanks for sharing.
This filter is showing the stocks where are already breakout.
Can someone share which have the high probability to breakout in the near future?
Thanks in advance.
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snappyfrog 726 posts msg #155220 - Ignore snappyfrog |
1/7/2021 5:33:21 PM
Here is one i use regularly with PVI, not RSI.
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boston 58 posts msg #155221 - Ignore boston |
1/7/2021 7:43:21 PM
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miketranz 966 posts msg #155222 - Ignore miketranz |
1/7/2021 9:54:46 PM
Nobody:You need to look for low level consolidation patterns,stocks moving in a very narrow range,for an extended period of time.Stocks making 52 week lows,then consolidating,are a good place to start.Put them on a watch list,execute the trade at the exact moment they breakout.There's no magic formula that I know of to catch a breakout before it actually happens.Best,Miketranz...
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Nobody 404 posts msg #155226 - Ignore Nobody |
1/8/2021 10:21:22 AM
Thank you miketranz
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miketranz 966 posts msg #155232 - Ignore miketranz |
1/8/2021 8:57:47 PM
My pleasure...
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Nobody 404 posts msg #155241 - Ignore Nobody |
1/10/2021 12:13:15 AM
@miketranz
Would you take this trade below.
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