More rotten charts

There are more rotten stocks on the OMX.






www.pointandfigure.com

There is something rotten

There are stocks that I wouldn't touch even with a long stick.

These are easy to find on point and figure charts.

New stock picks this week

We are looking for quickly making 10-20 % on our stocks and realize quick profits. Non-performing stocks should always be sold and we should always concentrate on the high performers. By being in the strongest stocks we will make the most money.

Click here to find out more about my method of trading.


The Bullish % indicates that we probably should stay a bit defensive in our speculation, but a few strong stocks will still do good for our portfolio.

Let's look at some profits

We have some nice profits on the posted trading ideas;

JM.ST
UP 22%, from 74 to 90

ENRO.ST
UP 20%, from 33 to 39,7

NON.ST
UP 10%, from 86 to 94,75


Rest of the stock are more or less neutral.

I am simply using Bull's-Eye Broker Point and figure software from Archer Analysis

Some nice trades using the point and figure charting method.

Some Point and figure trading ideas

Hi, here are my trading ideas for today.
The market is slowly moving into overbought, but I think there is still time to catch some stocks on the upside.

The following charts are from Bull's-Eye Broker, the best source for point and figure. First of all we have the bullish % chart showing how SAX is moving into overbought.



Then we have some bullish charts that could be bought to catch a move to the upside.

Point and figure charting

I am going to write this blog about my point and figure charting and trading.

I have been trading and investing in stocks using the point and figure method for about 20 years. I am mostly trading and investing in stocks on the Stockholm stock market.

As tool I am using the point and figure charting software Bull's-Eye Broker. It has all the features I need in my trading.http://www.pointandfigure.com

I will keep you posted.