When you subscribe, to our list of rolling stocks, you will get more ideas on various ways to use Myrollingstocks lists and charts to make money. Our rolling stocks information provides you with an updated list of stocks which go up and down between two set predictable price points. Below is an example of the information you get on US Rolling Stocks when you subscribe to myrollingstocks.com.
List of US Rolling Stocks
|Stock Symbol||Company Name||Support||Resistance||Options|
|PRAA||Portfolio Recovery Associates||$42||$50||Yes|
|STST||Argon St. Inc||$17.75||$21.50||Yes|
Charts of Rolling Stocks – the charts show the stocks rolling over a 6 month time period
Three green arrows line up vertically – signals a buying opportunity
Support – This signals the buying price of the stock
Resistance – This is an indication of the selling price, if you already own the stock
Options – This tells us if the stocks has Options available
Red Line – Simple 30 day moving average
Blue Histogram - The MACD (Moving Average Convergence Divergence) is used to determine the strength of a trend
Green Line – Stochastics is technical momentum indicator that compares a security's closing price to its price range over a given time period.
As you review the charts, there are several symbols on the chart, here is a key for the meaning of the symbols.
....this means there was an earnings conference call on that day
$............this means there was an earnings report released on that day
.....this symbol means that the stock split 2 for 1 on this date
How to use the chart (Buying a Stock)– Looking at the table above will display the support and resistance levels of the stock – one way to determine where to buy the stock is by buying at or close to the support (in this case $42). Because the support and resistance levels are not always clear cut and defined, another way to determine where to buy the stock (entry point) is by looking at the green arrows that form when the three indicators signal a buying opportunity (the three green arrows will line up vertically).
Three red arrows line up vertically – signals a selling opportunity
How to use the chart (Selling a Stock)– Looking at the table above will display the support and resistance levels of the stock – one way to determine where to sell the stock is by selling at or close to the resistance (in this case $42). Because the support and resistance levels are not always clear cut and defined, another way to determine where to sell the stock (exit point) is by looking at the red arrows that form when the three indicators signal a selling opportunity (the three red arrows will line up vertically).
The indicators are the MACD and the Stochastics. The MACD (Moving Average Convergence Divergence) was developed by Gerald Appel, and is used to determine the strength of a trend.
The MACD is constructed with two simple moving averages and one exponential moving average. The two moving averages, usually an 8-day and a 17-day, are compared to find the difference between the two. A smoothing factor is applied to the difference between the two moving averages by taking a 9-day moving average of the difference. The difference and the smoothed difference are then plotted as lines or a histogram (or both).
The Stochastics is an indicator that measures the relationship between a stock’s closing price and its price range over a predetermined period of time.
Another example – Can you pick the Support and Resistance levels on this chart? (without looking at the table above)
If you picked $17.75 as the support and $21.50 as the resistance, you would be in the right ballpark. Picking the support and resistance levels is not an exact science – so we use the indicators (green arrows and red arrows) to help us make that buying or selling decision.
Research Tool – click and view real time charts to get the most up to date information.
Yahoo Finance Charts – To do more research, click on one of the stock symbols on this chart