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How to Pick or Screen a Stock for Stock Trading



Picking a stock is an important step to stock trading. There are hundred of stocks out there and the choice can drown you. I wrote previous about how to screen stocks here from perspective of various traders; there is even the Mark Minervini trend template you can use to screen stock

Again here are ways to screen stock for stock trading using technical analysis. These uses a stock screener

Option 1
- EMA price above

Option 2
- MACD about to cross signal from below

Option 3
- MA 20: moving average about to  EMA 13

Option 4 (Mark Minervini Trend Template)
- current stock price is trading above the 50-day moving average
 50-day (10-week) moving average is above both the 150-day and 200-day moving averages
- price is 30 percent above its 52-week low
current stock price is within at least 25 percent of its 52-week high

Option 4 (ABS trading)
- MA 20 price is above average
- MA 50 moving average below MA 20
- MA 100 moving average below MA 100
- Value average (10 days) above 20
- RSI 14 equal or more than 70

After stocks are screened this way, look individual into the chart and plot entry, exit and cut loss points

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