Top Daily Stocks - Possibles, Probables and Fakers...

[barney]

Todays Price and Volume Risers … Three Stocks fell into both categories which is always worth putting on the Watchlist ….

 

[barney]

Risers/Volume Risers …… Pretty quiet today overall.

 

[barney]

Todays Risers … Friday 27 July 2018

 

[Wysiwyg]

Oh to be a fly on the wall prior to these top % risers, Barney. Mind you I would like $10 for every trade transaction.

 

[barney]

Oh to be a fly on the wall prior to these top % risers, Barney. Mind you I would like $10 for every trade transaction.

Yeah a bit of Insider knowledge would pay a few bills WYS

I've been keeping a list of the majority of Stocks that have moved since the thread was started and as expected the majority just meander back into a trading range …. Occasionally you get a clue on something undervalued though.

 

[Cam019]

Still putting up top % and top volume risers @barney?

 

[barney]

Still putting up top % and top volume risers @barney?

Yeah sorry Cam …. Took screenshots last couple of days and for some reason I couldn't find them when I came back to post them …… Fortunately my trading is generally better than my computer skills …. will update today's Risers shortly

 

[barney]

Todays Risers and Volume Risers …

 

[barney]

Todays (3rd August) Risers/Volume Risers

 

[greggles]

Where are ya barney? Missing your updates mate.

 

[barney]

Been away for a couple of days ….. Mad lawn bowler

I took a screenshot of Monday to follow but missed yesterday …. no computer on the green

 

[barney]

Monday 6th August Risers/Volume Risers

 

[tech/a]

Hi Barney
I use these type of searches myself
But I tend to discard anything which is under about 8 c
Where stocks rise 20% or so in 1 tick
Something that develops a range along with volume I find better
To place on watchlist

Another one to watch is high volume on stock which doesn’t move much
On the day of heaps of volume particularly if the chart is in a consolidation
During an up move —- even better if a smaller consolidation.

Definitely put on a watchlist as things often take a day or so to get moving.

 

[barney]

Something that develops a range along with volume

Another one to watch is high volume on stock which doesn’t move much

On the day of heaps of volume particularly if the chart is in a consolidation

Quick paraphrase of your post for reference Tech …. Volume relative to price action is the key for sure.

I think what has become evident even at this short stage is that most "Risers" on the Spec end of the market often fizzle out fairly quickly …..

It makes perfect sense ….

There has to be some substance behind a move for it to be sustained … and Spec stocks are generally way too early in their life cycle to hold a strong move for any longer than the day traders can extract maximum profit … …

Not that I have any problem with day traders … they make the Spec end of the market work … without them it would not work very well

This thread is basically a log of Spec price movement and definitely not any recommendation of how to find a Stock to trade …. however ….

On rare occasions, a Spec stock will show up which is totally undervalued/has slipped under the radar.

Research/work is required to ascertain that of course, but for me, that is the objective of keeping an eye on daily Risers …

In saying that, being undervalued may also mean that it may take some time for it to be re rated, so patience is also often required and this requires a totally different mind set to trading a momentum based strategy which you have near perfected Tech …..

Regardless of trading method, for it to work over time, it needs to fit the trader's personality

 

[tech/a]

Barney
I’m not picking anything
All I’m saying is that a list without a way of using it
And there are many ways
Has little point
Don’t you think

 

[barney]

Barney
I’m not picking anything
All I’m saying is that a list without a way of using it
And there are many ways
Has little point
Don’t you think

All good Tech …. I wasn't sensing any "picking" at all.

I was basically highlighting your points re Volume/Range which is a valuable insight … I then started to ramble on a bit … as I do …. Its sometimes difficult on a Forum to convey the real intent of a post

PS Enjoy the holiday.

 

[barney]

Todays Risers/Volume … 8 August 2018

 

[tech/a]

GMV
CVN
LAA
ECX

Would be on my watchlist
Will check later
Gives me something to do at airports and train stations

 

[trading_rookie]

• Eclipx (ECX) –40.79% Revised FY18 Guidance. Advised net profits between +13% to +17% on FY17, decidedly lower than the +27% to +30% previously announced. Ten-year lows in bank-initiated insolvencies and a thriving construction sector have resulted in reduced activity in their industrial and commercial online auction business ‘GraysOnline’.

Curious to know what it is about this stock that has to caught your attention

 

[barney]

• Eclipx (ECX) –40.79% Revised FY18 Guidance. Advised net profits between +13% to +17% on FY17, decidedly lower than the +27% to +30% previously announced. Ten-year lows in bank-initiated insolvencies and a thriving construction sector have resulted in reduced activity in their industrial and commercial online auction business ‘GraysOnline’.

Curious to know what it is about this stock that has to caught your attention

Howdy @trading_rookie

Purely a mathematical observation. It showed up with a 10% daily up move with substantial volume.

After checking the Chart, the previous day's gap down on ultra high Volume is way more telling ….

As you have pointed out above, the Market was not impressed with the Profit downgrade even though they are still showing a reasonable profit at face value.

The SP will likely meander around for a while after such a drop, although someone was happy to absorb a lot of Supply, so it could be a "blood on the streets" trade for the deep pockets traders perhaps ….. too early to tell.

Historically the initial spike low should be tested so anyone interested in catching knives should be able to buy at the recent lows at worst. Cheers.