To kick off the examination on the effectiveness of Predefined TA Screener, Young Investors would start to create infographics based on this feature. On Monday morning of each week, two stocks with the most Buy & Sell signals respectively would be chosen (based on last Friday's results). The infographic would include the basic information of both stocks and the TA signals produced by the screener.
For the Nineth week:
On 11th November, a counter catch our eyes - GESHEN (7197). it had a huge gap up at that day's trading and closed 18.5% higher...not mentioning it has already generated 112% of return in exactly two months period. Click on the infographic below to view the TA signals that are triggered by this bullish stock with a sample of its price movement over the last two months.
The main contributor for the spike in its stock price is the hike in the net earnings of the company. However, technically, we would like to see the future movement of this stock on whether it could sustain its uptrend movement.
By the Young Investors Team