March 8, 2021 | Monday | 3:14 AM
To come up with the watchlist on top, I used the MAMA set up by TL group and here are the following rules:
3. In a year, it should have at least 2 SUCCESSFUL MAMA SET UP.
4. Price goes above ALMA & MACD crosses (Blue line goes above red).
5. Make sure risk is within acceptable value depending on R&R to leverage. - Done via measuring the risk from resistance Price of when candle that crossed the ALMA below the price.
1. ENTER when MACD should cross in between 1 DAY before or after price goes above ALMA.
1. Shift to 1 hour timeframe, if nabasag support, SELL immediately.
2. If nag gap up - shift to 5 mins, if the price goes below ALMA, cut immediately.
3. If di nag gap up - shift to 15 mins, if candle breaks, exit.
Screenshot of each stock’s chart.
I made an exception for $AXLM for MAMA Set up because I used ZFT’s AOTs (Alignment Of The Stars) where the moving averages are like this 20 SMA > 50 SMA > 100 SMA.
$AXLM’s Moving Averages: AOT
Let’s see how will the Philippine’s stock market will react later 9:30am.