Thread by @dmdsplyinvestor

This STRATEGY can change your investing style forever!

Identify & Ride 'Massive Trends' in stocks...
... using these 3 simple indicators!🎯

Ready to learn?🤓

Let's go...🧵

1⃣ First, Let's do a self-check & see if you know how to use

- Pivots to assess stock trend
- Commodity channel index indicator to assess momentum
- Relative strength to assess stock strength

If you know all, skip to number9⃣ for 'THE STRATEGY'

If not, read on...

Want to copy my trading setup with these 3 indicators?

Watch this video👇

2⃣ ok, so using the three indicators i mentioned above we are going to learn an 'INVESTMENT STRATEGY' that can help you...

- Time entries
- Ride massive trends & multibaggers
- Exit stocks when trend reverses

Now, it is time to understand these 3 indicators

3⃣ First indicator:

In order to understand stock trends, the best indicator using price action for me is 'Pivots'

Pivots help to understand probable changes in stock trends.

4⃣So, using pivots we are going to now define stock uptrend & downtrend

- Price crossing above previous pivot highs: Stock trend changes to uptrend

- Price crossing below previous pivot lows: Stock trend changes to downtrend

Yes, it's that simple & that's all one needs to know

5⃣ Second indicator:

But, you can't manually scan 1000s of stocks, right?

A scanner would be better & we are going to use CCI for this👇

CCI > 100 -> bullish
CCI<-100 -> bearish

Watch this video for more details

6⃣ Refer to the below chart

When CCI crosses above 100, the stock will appear in your scanner and then you take a look at the chart and check...

If price is also above previous pivot high...

If yes, you have found the next stock for your PF

7⃣ Third indicator:

Sometimes though CCI can be above 100 the stock might not perform & that is because of...

Relative strength (RS)!

It is important the stock is outperforming & I use RS to understand this!

RS = stock price/benchmark

More details 👇

8⃣ Refer to 'Relative strength comparison' in the chart

Simple Rules:
- Black line > Green line: Stock outperforming
- Black line < Green line: Stock underperforming

Easy?

You can use 'mansfield RS' in Tradingview - I used this indicator to create mine😃

9⃣ Investment Strategy:

Ok, Let's combine the 3 indicators

Buy a stock if:
- CCI(34) > 100 on weekly &
- Black line > Green line &
- Price > previous pivot high

If you're conservative, wait for weekly close above previous pivot high

More details 👇

🔟 Sell the stock if:

- Price crossing below previous pivot low

If you are conservative, wait for weekly price close below previous pivot low - might help you avoid shakeouts😃

You can also use this strategy on daily charts for positional trading!

Do DM me for any questions!

Learnt something? If yes, please👇

1. Retweet the first tweet

https://twitter.com/dmdsplyinvestor/status/1661306195896836099?s=20

2. Follow @dmdsplyinvestor

3. Subscribe to my YouTube channel for more content! youtube.com/c/TrendlineInv…