The checklist ✅
1⃣Current Quarterly Earnings Growth
2⃣Annual Earnings Growth
3⃣New Products/Services/Management/Price Highs
4⃣Supply and Demand
5⃣Leader/Laggard
6⃣Institutional Sponsorship
7⃣Market Direction
1⃣Current Quarterly Earnings Growth
2⃣Annual Earnings Growth
3⃣New Products/Services/Management/Price Highs
4⃣Supply and Demand
5⃣Leader/Laggard
6⃣Institutional Sponsorship
7⃣Market Direction
1⃣ -C- ANSLIM
In terms of Current Quarterly Earnings, we are looking for increases on the previous quarter and/or excellent sales growth. 👇
EPS Q/Q --> 261%
Sales Q/Q --> 29%
(in yellow EPS, in blue Revenues 👇)
In terms of Current Quarterly Earnings, we are looking for increases on the previous quarter and/or excellent sales growth. 👇
EPS Q/Q --> 261%
Sales Q/Q --> 29%
(in yellow EPS, in blue Revenues 👇)
2⃣ C -A- NSLIM
For Annual Earnings Growth, we are looking for growth over the past few years and/or exceptional Annual EPS estimates for the current year and the next. 👇
EPS past 5y: 18%
EPS this y: 11%
EPS next 5y: 44%
For Annual Earnings Growth, we are looking for growth over the past few years and/or exceptional Annual EPS estimates for the current year and the next. 👇
EPS past 5y: 18%
EPS this y: 11%
EPS next 5y: 44%
3⃣ CA -N- SLIM
New products, management, or positive new events that could push the company's stock price. 👇
The "New" in this case is about new all-time price highs that is very close, and is a clear sign of a stock in demand.
New products, management, or positive new events that could push the company's stock price. 👇
The "New" in this case is about new all-time price highs that is very close, and is a clear sign of a stock in demand.
4⃣ CAN -S- LIM
High potential stocks match scarce supply with a strong appetite.👇
Volume analysis shows an increase in demand.
No overhead supply above (what is overhead supply? check this 🧵 -->)
High potential stocks match scarce supply with a strong appetite.👇
Volume analysis shows an increase in demand.
No overhead supply above (what is overhead supply? check this 🧵 -->)
5⃣ CANS -L- IM
The stock is a leader or a laggard relative to the overall market? 👇
- great relative strength vs #spy
The stock is a leader or a laggard relative to the overall market? 👇
- great relative strength vs #spy
5⃣ CANS -L- IM
The stock is a leader or a laggard relative to the industry? 👇
- great relative strength vs "resorts&casinos" industry:
BYD has the best performances among his competitors 👇
The stock is a leader or a laggard relative to the industry? 👇
- great relative strength vs "resorts&casinos" industry:
BYD has the best performances among his competitors 👇
6⃣ CANSL -I- M
Pick stocks that have institutional sponsorship, but be cautious of stocks that are over-owned by institutions as you want to get in before the big money is fully invested. 👇
Current institutional ownership: 69%
Pick stocks that have institutional sponsorship, but be cautious of stocks that are over-owned by institutions as you want to get in before the big money is fully invested. 👇
Current institutional ownership: 69%
7⃣ CANSLI -M-
Determine market direction in order to enter when the tide is on our side or wait until conditions improve. 👇
The market is in a downtrend and way below 10/20MA, but we could find positive signs as well👇
Determine market direction in order to enter when the tide is on our side or wait until conditions improve. 👇
The market is in a downtrend and way below 10/20MA, but we could find positive signs as well👇
In summary:
✅ $BYD shows good fundamentals with a powerful chart and relative strength.
✅ so, it's a "YES", but we need to time the entry considering the particular market condition we are in.
✅ $BYD shows good fundamentals with a powerful chart and relative strength.
✅ so, it's a "YES", but we need to time the entry considering the particular market condition we are in.
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By the way, for more content about strategies, backtesting and wisdom from the #trading Masters, check this growing library 👇
By the way, for more content about strategies, backtesting and wisdom from the #trading Masters, check this growing library 👇
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