Easy Stock Picking Strategy for All Investors
Uploader Comments (TheStockTalk)
Video Responses
All Comments (6)
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Id like to ask a question, I'd like to know what time frame to look for when spotting a hammer. Many thanks.
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Nice video.
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This strategy works best when general market is in an uptrend and the stock in question is oversold as per technical indicators such as MACD, Williams %R, CCI, RSI and others. Check out the stock WSH on 05-25-10, and also NE on 05-25-10. These would appear to be better candidates if the general market does not do something overly negative in the near future. Only time will tell.
Happy Trading,
STOXROX
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would this work on penny stocks, not on the otc or pinks
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how much did you make on it..? I see it went up close to $6
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Do you do the opposite with the hammer method by shorting the stocks with the opposite pattern? By the way I hope you know that what you're doing is speculating on the thoughts and tendacies of of real investors and alot of other speculators, thanks.
Yes..you can do the opposite. The pattern is then called a hanging man...and yes..I know I am speculating..but that's basically the stock market..
TheStockTalk 3 years ago