If there is no comment on a particular stock, this means it is being watched and when conditions are met, we will update it. Our general intent is to buy in the early stages of high volume breakouts. If we are unable to do so, we then wait for a consolidation period after a new high based on a stochastic reading and the use of the 10 day moving average for an entry point. When we believe an entry point has been achieved, we will update this table after the close with instructions on an entry point, profit target, and stop to be placed the following day. It is highly advisable that a stop be placed at the same time as the order.
Money management is the key to success.
Low level breakouts involve higher risk and are designed for the trader who can monitor positions on a regular basis. If you are unable to do this, we advise that you stick to high level breakouts. Given the high liklihood of immediate movement, it is feasible to use options. If you do this, ensure you select a strike deep in the money for the front month. If front month expiration is less than five days away, choose the following month.