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.
코멘트:
That was a nice 40% run before starting to pull back with the wider market.
코멘트:
Went to cash as my stops were hit and looking to re-enter again to take the next wave up.
코멘트:
Great 100% run off the bottom.
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