You probably have your criteria for what you like in a stock. You know mine. Small cap stocks between $300 million and $2 billion market cap, beta greater than 1.5, price under $10, and volume greater than 1 million. But there’s one more level that you may not even know about. I’m talking about the short interest.
Continue reading “Money Making Stocks On Short Squeezes”
How hard is it to swing trade for a living from home? Swing trading for a living is easier than you might think. Swing trading strategies are not hard but you need to know what the right tools are and how to use them.
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CVD Equipment Corporation has given a Pocket Pivot buy signal on rising large players volume according to the Effective Volume study.
On August 14, 2017, CVD Equipment Corporation reported revenue for Q2 2017 of $10.8 million, an increase of 12.2% over the prior quarter and 189.3% from the same period last year. During the quarter, the Company received approximately $6 million in new orders. Backlog as of June 30, 2017, was $24.8 million. Net income for the second quarter was $1.3 million compared to $1 million in the prior quarter and a loss of ($496,000) a year ago. Net earnings per diluted share increased to $0.20 from $0.16 in the first quarter and a net loss of ($0.08) in the second quarter of 2016.
Leonard Rosenbaum, President and Chief Executive Officer said, “Solid execution of our growth strategy led to record revenue and strong profitability in the quarter. As we deliver and execute on our large aviation project and rebuild our core business pipeline, we are achieving exceptional results. The strong performance of our systems in the field and our ongoing development of additional coating products will generate future demand in a variety of new and adjacent markets.” You can find out more about this company here.
CVD Equipment Corporation Chart
CVV has formed a good setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at $11.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at $11.13, a stop order could be placed below this zone. We notice that large players showed an interest for CVV in the last couple of days, which is a good sign. A Pocket Pivot signal also happened today which is another positive sign.
CVV has many of the technical signals that I wrote about in this lesson on how to find stocks here.
The stock screener I used to find CVV is the one I created for GuerillaStockTrading readers on Chartmill, under the Shared Screens tab, called GST Positive Divergence. I did a video on the GST Positive Divergence stock screener here. I also did a stock trading lesson on Pocket Pivots and large players volume here.
The European Equity Fund looks like a good long entry on rising large players volume. The fund is managed by Deutsche Asset Management International GmbH. It invests in the public equity markets of Europe including countries utilizing the euro currency. You can read more about this fund here.
European stocks are trading inversely to the North Korea threat. As the North Korea threat subsides, European stocks are rallying. If tensions flare up again between North Korea and the US, European stocks are likely to sell off. You can read about how North Korea is impacting European stocks here.
European Equity Fund Chart
The rising large players volume is a thing of beauty. The Twiggs Money Flow confirms that the European Equity Fund is being accumulated.
EEA presents an excellent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at $9.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at $9.41, a stop order could be placed below this zone.
The GST Positive Divergence stock screener that I created for you is how I found this stock. You can read more about this stock screener here.
I created a stock screener you can use to find pocket pivots and positive divergences between large players volume and stock price.
The goal of this stock screener is to get ahead of big moves in stocks by finding ones that are chopping out or trading sideways while the large players volume and Twiggs Money Flow are rising at the same time.
Continue reading “Stock Screener For Pocket Pivots and Positive Divergences”
What are the best stock screeners on the internet? I like Chartmill and Finviz. Click here to go to Finviz and create yourself a free account. Click here to go to Chartmill to create yourself a free account.
Continue reading “Best Stock Screeners and a Mistake You Need To Avoid”