Definition of Recommendations

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Buy the Dips - Traders ought to just buy this stock whenever it goes down, as long as its trend is still up. In this case, watch the indicated support level to determine if the strategy of buying the dips is still appropriate or not. During uptrends, support levels should not be violated or else the trend may change to sideways or even down. Buying on dips, during an uptrend, is the safest way to get into a stock.

Sell on Strength - Traders ought to just sell this stock whenever it goes down, as long as its trend is still down. In this case, watch the indicated resistance level to determine if the strategy of selling on strength is still appropriate or not. During downtrends, resistance levels should not be violated or else the trend may change to sideways or even down. Selling on strength, during a downtrend, is usually a good way to get out of a stock.

Hold - The stock is very much in an uptrend but is already too high to buy. In this case, if you have a position on the stock, you ought to just hold in order to maximize the uptrend. I usually place an asterisk (*) beside the support whenever I give a hold recommendation. The reason for this is that the support may not necessarily be a major one but only a suggested stop in order to protect whatever gains you may have had already.

Take Profits - The stock is still in an uptrend but the suggested stop got hit. In this case, I am trying to protect whatever gains one has had already. The worse thing that could happen to anyone in the market is turn profits into losses. When I recommend taking profits, it does not necessarily mean that the stock would go down, eventhough it could.

Buy on the Breakout - This tells you to buy if the resistance is taken out to the upside. In cases like these, the stock is usually in a downtrend or in a sideways trend and it is assumed that a break of the resistance will cause the stock to change its trend into an uptrend. Although quite risky at times, buying on the breakout would mean buying on the first sign of an uptrend. The reason why this is quite risky is because one is assuming that a change in trend will happen. In the stock market, one ought to just follow the trend, and not assume that a change will happen. On the flip side, if the breakout is indeed legitimate, one would be able to buy at the earliest sign of an uptrend. I usually place a plus sign (+) beside the resistance whenever I give a "buy on the breakout" recommendation.

Sell on Breakdown - This tells you to sell if the support is taken out to the downside. In cases like these, the stock is usually in an uptrend or in a sideways trend and it is assumed that a break of the support will cause the stock to change its trend into a downtrend. Although quite risky at times, selling on the breakdown would mean selling on the first sign of an downtrend. The reason why this is quite risky is because one is assuming that a change in trend will happen. In the stock market, one ought to just follow the trend, and not assume that a change will happen. On the flip side, if the breakdown is indeed legitimate, one would be able to sell at the earliest sign of a downtrend.

Trade the Range - In this case, the stock is usually in a sideways trend. During sideways movements, the stock simply oscillates or range trades between its support and resistance. Traders who specialize in buying lows and selling highs usually thrive during these situations. Just make sure to respect your stops, in case the stock starts to trend.

Buy if Support Holds - In this case, the stock is usually in a sideways or upward trend and is currently approaching or testing support. When this happens, I recommend a buy on the first bullish candlestick reversal. This recommendation is similar to "buy the dips", except that one will be buying when the stock is already moving up. If buying the dips is a safe way of going long, this recommendation is even safer. Remember though that a stock in an uptrend is always safer to buy as opposed to a stock in a sideways trend.

Sell if Resistance Holds - In this case, the stock is usually in a sideways or downward trend and is currently approaching or testing resistance. When this happens, I recommend a sell on the first bearish candlestick reversal. This recommendation is similar to "sell on strength", except that one will be selling when the stock is already moving down. If selling on strength is a good way of selling, this recommendation is even better. Remember though that a stock in a downtrend is always more probable to go down as opposed to a stock in a sideways trend.

Trading Buy - This is a situation wherein the stock is trending down but is already in an extremely oversold condition. This type of strategy is quite risky for those who do not know what they are doing since one is going against the trend. Mind you, when going against a stock that is trending down, one may never know where the bottom is. However, one may profit quite quickly and significantly using this strategy since a stock that is in an extremely oversold condition has the potential to rebound rather strongly. While this strategy may be the most risky of all, because of the gains that can be achieved, it is certainly worth it.
Angping
Angping