Swing trading 3 simple buy signals

THE MARKET SIGNALS:

When the NYMO turns up, that is a short-term buy signal on short-term market breath and when it turns down it is a sell signal.

When the NYSI is rising that is an intermediate buy signal on positive market breadth, and when it turn down that is a sell signal.

THE STOCK SIGNALS:

When a stock that is oversold quits being oversold that is a stock buy signal; if it returns to oversold before becoming overbought that is a stop; if it becomes overbought and ceases being overbought that is a sell signal; if after ceasing to be overbought it moves up again to overbought that is a renewed buy signal.

Simple.

TODAY’S HIGHLIGHT — 5/18/21 BLNK

BLNK, the charging company with a future as big as electric vehicles, moving with the 3 simple buy signals…

Up 25.4% at today’s close with the NYMO signal and up 11.5% on its individual stock signal. The NYSI signal has not yet triggered — something to take note of and tighten stops to preserve swing profits on the other signals.

The charts are set up to show the dollar/percentage gains per $10K traded in the white flag on lower right axis.

(Click on the chart panel for a larger view)

TODAY’S HIGHLIGHT — 5/14/21 AMC

Market timing AMC with the 3 simple buy signals…

Clear, clean and disciplined technical analysis, long the mania without the wacko risk.

The charts are set up to show the dollar/percentage gains per $10K traded in the white flag on lower right axis.

(Click on the chart panel for a larger view) Updated: 5/17/21 intraday.

TODAY’S HIGHLIGHTS — 5/10/21 —

FAS — 3x-leverage Banking ETF

(Click in the charts for a larger view)

The charts are set to show the dollar/percentage gains per $10K traded in the white flag on lower right axis.

HD — Home Depot

(Click on the charts for a larger view)

The charts are set to show the dollar/percentage gains per $10K traded in the white flag on lower right axis. In HD’s case 3.4%, 1.3% and 4.7% in across the three signals.

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