Twopercentgoal.com is pleased to announce that it has made its best stock pick of the year. In its daily email to interested traders, a recommendation was made to buy Applied Materials Inc., on September 8. Trading on the NYSE under the ticker symbol AMAT, the company’s opening price on that day was $163.81. It met its 2% goal three days later on the 11th but continued to soar. Using its model of using stop losses to exit a trade when the intra-day low is one penny lower than the previous day’s intra-day low, no stop loss order was triggered and the stock continued to climb for almost two more weeks. After the trading day concluded on the 23rd, the stop loss was revised to $198.89. The next day, September 24th, the intra-day price fell below that stop loss order and the sell order was executed realizing a profit of 21.4%.
Ironically, AMAT was a recommended buy a week earlier on August 29 but had an unexpected drop and had its stop loss triggered September 2nd creating a loss of 3.8%. Its technical signals rebounded less than a week later, and another buy order was recommended on the 8th catching the up trend perfectly.
While successful picks like this are greatly received, we realize they are not the norm and should not be expected as an everyday occurrence. The goal is to make 2% a week consistently with little risk. By doing that you can realize a 100% return over a year. The goal is to make a solid annual return by making very modest trades within a week by swing trading. As opposed to day trading which buys and sells intra-day, swing trading has a slightly longer time horizon usually between three days to three months.
Twopercentgoal.com uses several technical analysis tools that have been clearly established and have been used by traders for decades. It incorporates the Relative Strength Index (RSI), the 50-day and 200-day moving averages, the stochastic oscillator, the on-balance volume and the moving average convergence/divergence as criteria to buy stock in a company.
To see how all these tools are used together, watch this YouTube video: https://youtu.be/h_bEBhW8MbM
In the following chart, you can see when the trade was entered and how each of the signals were saying the same thing at the same time.
You can sign up for the daily email to see stocks that are poised for a 2% gain. The email is free for the first 30 days and then $49/month thereafter. Simply go to twopercentgoal.com
Al