Imagine you are operating a coffee shop on Wall Street across from New York Stock Exchange. During the day, you can see people there are very excited but you need attend your customers and have no time to find out what is going on there. What would you do?
You may ask an assistant to find out. If there is anything interesting happened, let he/she report to you.
StockMarketWaves can help you. We
- Alert you with big moves of the market throughout the day ( including extended hours* )
- Show you how excited the stock traders are now by provide volume information
- Provide stock chart link so that you can check the recent history of your stocks
Now let’s take a look at a sample alert,
14:08 UWTI 27.58 71K +2.1%/+1.0% P=26.64 R1=28.50 R2=29.68 S1=25.46 S2=23.60 http://finance.yahoo.com/echarts?s=UWTI
Alert begin with time of the day, then symbol, followed by price and volume at this minute. Next is the price change percent from last report. Since I set my threshold to +/-2%, a +2.1% change triggered the alert. After that (+1%) is the percent change from close price of previous day.
Floor Pivot points are listed in the middle section. P stands for pivot, R stands resistance, S stands for support, these points are calculated from stock prices from previous day. If the stock price is above pivot, it generally means it is bullish, otherwise bearish. For more details, see http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:pivot_points
At the end, a link to chart is provided.
Now, you may ask, how this alert may help my trade?
Good question. It depends on your strategy, with the information you get from the alerts,
- if you think a quick price move together with a high volume indicates a breakout, you may buy into it and following the trend;
- if you think stock is bouncing within a window, you could use buy low and sell high strategy;
- If you like technical indicators, you may subscribe special alert using different indicators or even ask for a customized alert.
I hope the above helps. If you have more questions, feel free to contact us at stockmarketwaves@gmail.com
Disclaimer: There is a substantial risk of loss in stock/ETF trading.
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