On-Demand chart analysis request for non-marijuana stocks
The non-MJ initiative is all about widening the universe of stocks available to me for this service”s educational component.
Our priority will always be to justify having “Marijuana” in our name. But where this sector may lack both tradable AND teachable moments, you are always encouraged to suggest a stock that”s of interest to you currently. I”ll then use those suggestions to identify opinion and parameters where possible to trade, and also to identify patterns and analytical technique where possible to teach.
I won”t be producing stock pics outside of the MJ sector, but I won”t hesitate to mention setups I see that are probably of interest to traders generally. There also won”t be broader market analysis or intraday timing in this product.
Non-MJ Stock guidelines
1. As its name suggests, MSTT is primarily about MS and T — marijuana stocks, and technicals. Marijuana stock reviews won”t be abridged for any reason. Non-marijuana stocks will be reviewed after marijuana stock current coverage.
2. Judging from the volume of tickers that you posted on Friday (5/9), it won”t be possible to fulfill all requests. I”m still going to try. More time will be spent on charts that have an informative pattern or technical indicator. Very little time will be spent otherwise. But in every case, I will try to also offer an opinion, and some sort of parameters.
3. Add my name (Rod) to your request so my search will find it. Be sure your symbol is accurate, and all upper-case. Prioritize them in multiple requests, but dilute their significance by being overwhelming.
4. Please take an extra moment to include any specific question, e.g. Is it peaking/bottoming? Does my stop at $X make sense? What”s the next target?… Please don”t bother just throwing a ticker up there, or asking for a general “discussion” or “review.” Include a specific question, or else I might dismiss your chart for it not having a visible pattern.
5. The bottom line is that these are your requests, not my suggestions. I”m applying the same analytical techniques as to MJ stocks, and exploiting your requests to serve as charting and technical analysis educational examples.
