https://www.tenacioustribe.com/top-10-hottest-stocks-of-the-month-september-2022
“The best inside information is on the tape. I would rather follow its indications than act on a tip from J.P. Morgan himself.” Richard Wyckoff
Which stocks used to be quiet and suddenly sparked an abnormal interest from investors and traders?
Which stock could now be trading at congested areas?
Is there any breakout into new highs with higher volume among these?
Is there any break down into new lows?
Perhaps the completion of a chart pattern?
Are insidres showing their hand on any of these stocks?
Perhaps someone who has a lot of money, knows something that you don´t.
That’s right. My favourite newspapers are the charts. Any reporter, journalists, or CEO can say what they please. An analyst can make projections as she pleases. Elon can say today he’ll buy Twitter just to say tomorrow he won´t.
But you know what? The price can’t lie. The price knows already. The price knows better. Here’s my bold proposal: Why not just trust on the charts whether it is to form and sustain your trading and investing decisions or to “read” the news?
Here’s what you’ll see in the below ranking:
- Only stocks with at least 100% volume increase, throughout last week, in relation to the 10 previous weeks average volume;
- Ranked by lowest to highest price x volume registry. Why? It’s harder to move heavier stocks. A 100% plus volume deviation in a bigger cap stock is more significant than a similar or even higher deviation in a smaller stock;
- Monthly time frame, in line with my trading philosophy.
- If I notice a worth mentioning chart pattern or technical analysis feature, I’ll point it out.
Let’s go! Enjoy & indulge!
submitted by /u/RROD93 to r/Tenacioustribe
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