Australian (ASX) Stock Market Forum

Entry Strategy?

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7 July 2004
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Guys,

I think it is a good idea if we can list the entry strategies for stock that you consider to buy. Let assume the fundamental analysis is fine.

I will start first:

1. Stock is trending upward on a weekly chart.
2. Stock price is above 30 periods of moving average on a weekly chart
3. Volume is increasing on a daily chart.
4. RSI is crossing the lower point of the trading range.

Please add your indication that you consider or use for your entry.
 
Hi Jetdollars,

alot of entry strategies, are candlestick formations, personally for me, a break in a trendline, or a break through support... some indicators, like RSI, ROC, MACD & EMA... (golden cross and dead cross patterns), heavy volume, followed by gaps...

(further confirmation, maybe from fast & slow scholastic, and bolling band - momentum patterns) but this is confirmation, and normally these indicators are more of an exit strategy and tightening of stoplosses... just before exiting and dumping a stock

Cheers,
sis
 
I like to keep it simple:

1. Stock trading upwards on weekly chart
2. Rate of Return >20%
3. Avg weekly capitalization > 1mil $$
4. Price below Linear regression
 
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