CXO has been running really well over the last 12 months and especially recently with the surge in demand for Lithium.
I like these kinds of patterns and will try and focus on them more in 2022 where the stock has been in a nice uptrend, had a pull back to a value area and then resumes its run.
I'll spend more time looking for these using the 20 day moving average as my filter in the screener to look for them.
CXO might be a bit expensive now if you don't already hold, but the easy way around that is to set an alert for when it crosses back below RSI 65 and start to keep an eye on it from there perhaps.
Lithium definitely having a good run and may for a while. Whole world is transitioning across to electric vehicles quicker than I think most expected.
I like these kinds of patterns and will try and focus on them more in 2022 where the stock has been in a nice uptrend, had a pull back to a value area and then resumes its run.
I'll spend more time looking for these using the 20 day moving average as my filter in the screener to look for them.
CXO might be a bit expensive now if you don't already hold, but the easy way around that is to set an alert for when it crosses back below RSI 65 and start to keep an eye on it from there perhaps.
Lithium definitely having a good run and may for a while. Whole world is transitioning across to electric vehicles quicker than I think most expected.
Note
Some videos I have made with tips and tricks in them on how to use TradingView where you might find something useful.tradingview.com/education/search/zAngus/?sort=recent&video=yes
Note
That was a nice 40% run before starting to pull back with the wider market.Note
Went to cash as my stops were hit and looking to re-enter again to take the next wave up.Note
Great 100% run off the bottom.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.