Securities Trading
At the end of February 2023, I posted a thought on Tesla (TSLA) versus Toyota (TM).
At that time, TSLA ‘s price was doing pretty well in relation to TM and was continuing its positive momentum.
At the beginning of March, that relative price relationship changed and so did TSLA’s positive momentum.
The attached graph show where we are at the close of April 21, 2023.
On April 14th prior to earnings etc, the price started to go down.
Earnings were reported at the close on April 19, 2023.
As mentioned, I will try and find good breakout candidates that meet my PerfecStorm criteria.
Today I found Salesforce, CRM. Price as of the close of April 17, 2023.
For many years, I, like many others, have been searching for a definitive method to find stocks that are getting ready to break out to a higher price. I have watched and subscribed to many services that try to find these breakouts and have been disappointed. Most are many days after the event. Some even weeks.
I decided to see if my PerfectStorm strategy could help me.
I started a list of the most active optionable ETFs and common stocks as my starting point and have followed those that have shown good results.
The attached graph of AMZN is the first that I share on this blog. Price as of the close on Friday, April 14 2023 when it triggered its signal.
I will try and share others as they appear.
IT IS NOT A RECOMMENDATION, FOR INFORMATION ONLY!
