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Finding A Trending Stock
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Finding a New Up Trending Stock
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Step 1. |
From the 'Main Trending Stock" table, click on the market category in which you want to find a stock
that's beginning a new uptrend. For example, a new Nasdaq Up trending stock can be found by
clicking on the cell that intersects the "NASDAQ" column and the "New Up Trend" row - see figure below.
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Step 2. |
You'll now see the list of NASDAQ stocks that are potentially starting a new Up Trend
(based on Wilder's Directional Movement analysis). Select the stock you wish to
trade long. In our example, we have chosen GOOG - see figure below.
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Step 3. |
Enter a long position when GOOG closes above the trigger price. In the figure below, the
closing price is item 2 and the trigger price is item 3.
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Finding a New Down Trending Stock
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Step 1. |
From the 'Main Trending Stock" table, click on the market category in which you want to find a stock
that's beginning a new down trend.
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Step 2. |
From the list of NASDAQ stocks that are potentially starting a new Down Trend
select the stock you wish to trade short.
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Step 3. |
Enter a short position when the chosen stock closes below the trigger price - see figure below.
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