Trade stocks in rising industries by Midas Touch strategy
Today, I will show you how to find the potential stocks in a just few minutes, and to decide when to buy for a long term investment. You don't have to draw too many things on graph.
This approach is suitable for those no-brainers. Enjoy.
Steps
1) Open your VectorVest program, select Hong Kong market. From the Top RT Industries section, you will see the highest %change of an industry last night was Consumer Discr(Autos&Compnnts). Now you open this industry graph.
2) Select <Midas Touch> layout.
3) Spot the MA Stop (10) & MA Stop (65) crossover, then you will find 8-Feb-17
4) Now Go to UniSearch, Choose , Select
5) Insert a parameter as <Stock Industry Group = Consumer Discr(Autos&Compnnts)> below the defaults settings
6) Click button and make sure sorting by Top 5, VST in descending order
The selected stocks are 0175.HK, 22358.HK, 0868.HK. Watch the value, you will can see 0175.HK has the highest value of 1.85, which reflects this stock's has a very strong ability to resist severe and/or lengthy price declines.
As we know from the industry graph in Midas Touch layout, there are no crossover since 8-Feb-2017. Then we can hold this stock until we see one.
Now, you hit the button, 0175.HK has been risen 75% in 5 months. Check your graph accordingly. Smooth !!
You may use this strategy for different countries markets as well.
This approach is suitable for those no-brainers. Enjoy.
Steps
1) Open your VectorVest program, select Hong Kong market. From the Top RT Industries section, you will see the highest %change of an industry last night was Consumer Discr(Autos&Compnnts). Now you open this industry graph.
2) Select <Midas Touch> layout.
3) Spot the MA Stop (10) & MA Stop (65) crossover, then you will find 8-Feb-17
4) Now Go to UniSearch, Choose , Select
5) Insert a parameter as <Stock Industry Group = Consumer Discr(Autos&Compnnts)> below the defaults settings
6) Click button and make sure sorting by Top 5, VST in descending order
The selected stocks are 0175.HK, 22358.HK, 0868.HK. Watch the value, you will can see 0175.HK has the highest value of 1.85, which reflects this stock's has a very strong ability to resist severe and/or lengthy price declines.
As we know from the industry graph in Midas Touch layout, there are no crossover since 8-Feb-2017. Then we can hold this stock until we see one.
Now, you hit the button, 0175.HK has been risen 75% in 5 months. Check your graph accordingly. Smooth !!
You may use this strategy for different countries markets as well.
If you can draw a resistance trend line to connect 21-Feb and 14-Mar, then you should know yesterday's the candlestick has reached the highest price.