RE: $LULU - Stage 2 Breakout Personal analysis
(2021-09-12, 02:41 PM)isatrader Wrote:(2021-09-12, 01:58 PM)WayneMu54219378 Wrote: Piotrsoki F-Score 5 (my entry criteria > 4 to ensure some kind of fundamental strength - I know, not strictly Weinstein-ish!)
Good post,
I don't only use Weinstein, as mix Wyckoff and CAN SLIM techniques in too as you'll see over time. So don't worry about that.
How I use fundamentals with potential longer term position trades is to look at the projections for future EPS and revenue growth, as I want those to be predicting at least double the current level in the next three years or so. As gives a higher confidence level to the potential trade than if weak or erratic growth predicted.
Agreed. Before I got into the technicals the F-Score was one of my key criteria and I had positive results with it. Allied with sound TA I find it to be a de-risker, as it screens out the fundamentally weak stocks. I don't differentiate between 'trades' and long term 'SIPP investments', everything is traded in the same fashion (average annual performance 30%+ over past 6 years).
BTW running SIPP, ISA, Dealing and CFD accounts all the same way, trades are simply 'replicated'