Sunday, February 24, 2013

How to Spot the Best Stock that Grows 40 % or Higher

I was a little surprise when I saw that one of my long held stocks SMDC the condo developer arm of the SM group of companies went up to 45% higher than my original price. Although it's not one of those recommended by Citiseconline several weeks ago , I still persists  on my fundamental  analysis based on current valuations of this stock. I bought it at P6 / share around December and hasn't move until recently up to P 9.12. I remember how the famous investor  Mr.Warren Buffet analyze stocks to buy  base on a valuation of 5 yrs consecutive profitability (as seen on Citiseconline Valuation Table) and  buy them when others are afraid.   I also observed how SMDC  has  overrun any other developers in the speed and quality  of their projects execution because we live near where it all happens the "SMDC Light" in the middle of Mandaluyong Central Business District. To cut the story short , just by being observant of what's happening around you and having the fundamental and technical knowledge, one would be able to spot the best stock that grows 40% or higher . Here is how I did the technical analysis of SMDC ...

SMDC_Up_45 %

As soon as I see that the 10 day moving average crosses above the 20 day and above the 100 day MA then the Uptrend started and will continue until  a greater downward force as dictated by market maker or the greater masses pulls it down . The peak may also be determined by MACD 2nd indicator forming a downward arc and or crossing the zero line  with corresponding downward position of OBV (On balance Volume)

As always this is not an advice to buy now- Invest only with extra money and don't put all your eggs in one basket - Keep investing and winning !

Kind rgds,

by Jun dela Cruz













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