Low Risk Buy
...(High Reward) with consolidation is one of my personal favorite set up in choosing trades using QuantDS. As presented above, Confidence Level @ 47% suggests that the bulls are getting stronger so the reversal is about to come in the very short time. Gusto ko pa sana sa 50% para sure pero interesting figure na yan for me. While TMI is in the red (below 25), this still suggests a downtrend momentum. Nag test buy lang then average up upon confirmation. I just observed na strength ng Quants ang mga reversal setups. 🙂
I'm sure someone will ask 'ano pa ang ibang stock na merong low risk buy reco? meron pa ba?' The answer is YES! And we have it EVERYDAY.
But let me remind you first that this is a 'LOW Risk Buy' recommendation. It's Low, NOT 'No'. Even the risk is low, there is still a risk, and you should respect that!
For today's update (01Sep2016), we have 35 stocks with 'low risk buy' recommendations.
Let me give you two.
2GO has a 'low risk buy' recommendation with a TMI score of 19 and Confidence Level of 46%. Mind the 'near top resistance' status. The risk is low but the price nearing the resistance is prone to profit taking or selling. Possible na mauntog.
BEL has a 'low risk buy' recommendation but slightly the different from 2GO in terms of TMI, and Confidence Level. The only BIG difference is their status. BEL has a 'near bottom support' status which means a bounce might happen. Kung ang 2GO ay possible na mauntog, ang BEL naman ay posibleng tumalbog.
Share your thoughts in the comment box below.
Enjoy Stocking with QuantDS PSE for a simply #QuantAmazing experience.
Keep posted for the next 'Market Digits' issue. 🙂
If you want to see the remaining 33 stocks with 'low risk buy' recommendation PLUS the others with different recommendations, simply subscribe to QuantDS PSE.
by: Michelle 'Tata Mich' Soriano (QuantDS Creator)
Disclaimer: All the information on this website is published in good faith and for general information and review purposes only. Any action you take upon the information you find on this website is strictly at your own risk. Trading securities carry a high degree of risk and loss of invested capital is possible. Past performance does not guarantee future results.