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Stock picking - stock trading pick for swing trader. |
Uptrend Exhaustion |
| Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.
The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal. |
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Note. Strategies are based on system weekly
market alerts. The System opens long positions for each stock that generates
downtrend exhaustion or uptrend support alerts. The Systems opens short positions for
each stock that generates uptrend exhaustion or downtrend resistance alerts.
Weekly results summary presents the average weekly gain/losses by strategy.
Results are calculated with assumption that the position was open for each stock
alert on market close on the last business week day, and the position was closed on
market close on the last business day of the following week.
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