Learning to read Price Action with P&F Charting
- Thread starter HolyGrail
- Start date
I am currently long AUTH based 1st on a P & F scan.
After coming up positive on some P & F scans that I ran, I then researched the stock and liked what I saw.
It is a tech stock with biometric patents which just won a verdict in court based on those patents. Goal is to keep the stock for at least 6 months to 1 year.
My current plans on investing in stocks will be to look for stocks using technical scans and then research them. If I like what I see, I will go long them. This will be diversified by having some financial dividend paying stocks including preferred shares plus some bonds.
Finally, I have a few long shot stocks, but will no longer be going long small cap stocks in the future since that strategy involves too high of a risk vs reward. Some of these stocks are waiting FDA approval, but I have been burned by the FDA before so it seems you only have a 30% chance of winning which is too low for me.
After coming up positive on some P & F scans that I ran, I then researched the stock and liked what I saw.
It is a tech stock with biometric patents which just won a verdict in court based on those patents. Goal is to keep the stock for at least 6 months to 1 year.
My current plans on investing in stocks will be to look for stocks using technical scans and then research them. If I like what I see, I will go long them. This will be diversified by having some financial dividend paying stocks including preferred shares plus some bonds.
Finally, I have a few long shot stocks, but will no longer be going long small cap stocks in the future since that strategy involves too high of a risk vs reward. Some of these stocks are waiting FDA approval, but I have been burned by the FDA before so it seems you only have a 30% chance of winning which is too low for me.