rjm77me's Blog : Stocks and RSI for Swing Trades - Be a better trader

Stocks can be profitable for swing trade when they are showing weakness or relative strength. I can be a very effective way to trade short term. Normal strength last 3 to 4 days - then trader goes and chases something else.
Check out the charts of OTEX, MKSI, IVC, and NDN for upside.
These four stocks did not know that market is having big time selling in last 2 days. They held ground.

and check YUM and QCOM for down side trade in last two days.

Market internals add additional flavor to the trade

Just stick with the stocks you know and take advantage when the security is showing up side or down side on 1.5X volume. Even if you make 5 trades a month - your bank balance will be a happier one.

I also look for support and resistance. high short interest can also add fuel to fire when earning are good.

Please add your comments and add what worked for you. This will help me and others become better trader
I have been looking at charts for last 5 years and honing my skills - I will be glad to learn from you. Improving skill by 2 to 5% every month is the way to go. It could mean financial freedom in 5 to 15 years time.

Lastly spend $20 to $100 to learn by subscription services. It shows that you are committing to your education. I have spent an average of $1500 plus per year for last 5 years for books, DVD, attending workshops and charting services. I will not trade without a great charting service. If you like fundamentals - then charting will keep you out of investing at the wrong time. I have cut back on expense and services leaving a $50 monthly expense for charting and news service.