Alex 🛡️ Profile picture
Oct 1 5 tweets 3 min read
In the last few years, I've developed a model based largely on #CANSLIM fundamentals characteristics to focus on the best stocks.

Not having the money to afford a #MarketSmith sub at the time, I built my own fundamental & technical scoring system into an Excel spreadsheet

🧵👇
PRIME Model explained 🥇

I use this model to narrow the entire US stock market to the top 400/500 names with the best fundamentals and technical characteristics I'm looking for.

It creates the universe list that I use every day to find the best setups for the FL.

👇👇
In the coming days, that's something that I will share daily with the PrimeTrading Newsletter subscriber as added content.

This weekend, I share it over here on #fintwit for you folks.

Enjoy, and use it wisely! ☺️✌️

Free access to my PT_database 🔗
1drv.ms/x/s!AgrlbDaERG…
PrimeTrading offers 2 services to learn swing/position trading the proper way...and without ruining you.

• A daily Market update & Focuslist Newsletter
• A private Discord channel where you can learn live from me

Join the community 👇🛡️
primetrading.substack.com/about

❤️🔁
PrimeTrading offers 2 services to learn swing/position trading the proper way...and without ruining you.

• A daily Market update & Focuslist Newsletter
• A private Discord channel where you can learn live from me

Join the community 👇🛡️
primetrading.substack.com/about

❤️🔁

• • •

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More from @PrimeTrading_

Oct 2
How to find the TOP SWING trade setups in the LEADING #stocks 🔎

FIND the needle in a haystack

Thread! 🧵
In order to drill down the entire US stock market into a FocusList of tradable setups, I go through these 4 steps each day:

1⃣ Building the UniverseList (≈ 500 names)
2⃣ Building the WatchList (10-100 names)
3⃣ Building the FocusList (0-10 names)
4⃣ EXECUTING the FocusList
1⃣ Building the UniverseList

The first step for me is to build what I call my UniverseList. This list contains the stocks that fit the fundamental & technical criteria that I want to see on every stock that I trade. Image
Read 12 tweets
Oct 1
This thread is about the technical setups I use day in/out to trade the markets 📒

1⃣Wedge break (WB)
2⃣Wedge break pullback (WBPB)
3⃣Breakout Retest short (BORS)
4⃣Breakout Retest Long (BORL)
5⃣Breakout 10ema PB (BO10PB)
6⃣Breakout 21ema PB (BO21PB)

That's my playbook 👇
1⃣ Wedge break (WB)

Price forms an orderly pullback contained by a down-trend line (DTL). You want to see low volume within that wedge formation, with small down swings ideally. Image
Buy:
• DTL breakout ideally on higher than average. volume, OR
• PIVOT breakout daily high, OR
• Intraday PIVOT breakout H1 high

Stop Loss:
• Low Of Day (LOD), OR
• Recent swing low
Read 15 tweets
Aug 13
This thread is about the technical setups I use day in/out to trade the markets 📒

1⃣Wedge break (WB)
2⃣Wedge break pullback (WBPB)
3⃣Breakout Retest short (BORS)
4⃣Breakout Retest Long (BORL)
5⃣Breakout 10ema PB (BO10PB)
6⃣Breakout 21ema PB (BO21PB)

That's my playbook 👇
1⃣ Wedge break (WB)

Price forming an orderly pullback contained by a down trend line (DTL). You want to see low volume within that wedge formation, with small down swings ideally.
Buy:
• DTL breakout ideally on higher than avrg. volume, OR
• PIVOT breakout daily high, OR
• Intraday PIVOT breakout H1 high

Stop Loss:
• Low Of Day (LOD), OR
• Recent swing low
Read 15 tweets
Aug 6
How to find the TOP SWING trade setups in the LEADING #stocks 🔎

FIND the needle in a haystack

Thread! 🧵
In order to drill down the entire US stock market into a FocusList of tradable setups, I go through these 4 steps each day:

1⃣ Building the UniverseList (≈ 500 names)
2⃣ Building the WatchList (10-100 names)
3⃣ Building the FocusList (0-10 names)
4⃣ EXECUTING the FocusList
1⃣ Building the UniverseList

The first step for me is to build what I call my UniverseList. This list contains the stocks that fit the fundamental & technical criteria that I want to see on every stock that I trade.
Read 14 tweets
Aug 4
daily SECTORS review 🔍

▪️ Daily/Weekly/Monthly sector's strength
▪️ Leading sectors $SMH $TAN $XBI

Thread 🧵
Top 5 SECTORS:
$CIBR - Cybersecurity
$XBI - Biotechnologies
$FDN - Internet
$XRT - Retail
$IGV - Software Image
$SMH Semis - Big breakout of Friday’s high pivot. We are now approaching potential resistance area. Image
Read 8 tweets
Aug 4
Something I really like to use to gauge if we are extended or not, especially out of a correction, is the distance for the 50dma.

Going back to the 2000 bear market, let's try to see what is the typical 50dma extension from the bottom

Thread 🧵 !
2001:

12% extension from 50dma (3 touches) then a final overshoot before a meaningful pullback. Image
2002:

Around 5 touches to the 12% extension from the 50dma before a meaningful pullback Image
Read 8 tweets

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