The stock above has all of the characteristics that I am looking for in a stock: break away gap up, constructive consolidation area, a fresh new all time high and heavy volume.
The second stock that I bought on Monday:
The above two stocks were introduced to me by like minded trader, Olivier Tischendorf.
On the subject of receiving tips, here are a few thoughts:
- The suggestion must meet all of my pre-existing buy rules
- The stock goes through my position sizer to determine the amount to buy
- The stock is sold according to my system's sell rules
- I accept personal responsibility for the outcome of the trade - never blame others
Next, here are two new stocks that my scans found this weekend: