Introduction to the "Peerless" Stock Selection Criteria
Market closures are ideal for learning. Yesterday, I studied a stock-picking method called the "Peerless Selection Strategy," which helps identify stocks in upward trends. How does this method work? Below is a detailed breakdown.
What is the Peerless Selection Strategy?
When selecting stocks, well-timed thematic plays can catalyze price movements. Capital is key to strong rallies, so focus on heavily funded stocks during weak markets, targeting those with reversal-to-rise technical patterns. Specific criteria include:
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Super Capital:
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On daily charts, the indicator line's cumulative value > its average
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Indicator average > 0
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Cumulative trend points upward
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Moving Average Formula:
Among common MA periods (1, 13, 28, 60, 500), any one line must exceed the 2nd MA, which should suppress the 4th MA. Concurrently, retail capital must show: Retail indicator < 0. -
Thematic Priority:
Themes drive prices—prioritize stocks with strong narratives. -
Volume Check:
3-day average volume > 60-day average (3>60).
Execution is critical—deviating from these rules may lead to failure.
While relatively simple, this method requires stock software (e.g., Winner Gann's tools for enhanced entry/exit signals). Note: Adapt it to your investment style for optimal results. Happy investing!