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After the market closes each day, Accendo Traders uses a technical analysis trade plan system to scan all of the stocks in all three major markets, while eliminating all stocks under $25. Next, this effective trading system scans through over 6000 stocks looking for only those stocks that match each and every one of the technical parameters of the Accendo Trader's trade plan.If a stock does not match all of the criteria, it does not make the newsletter. While most stocks that appear on the newsletter are well known companies, we do not look at any fundamental aspect of the companies. Each day the number of Accendo Spotlights will vary depending on the overall market conditions. On some days, this list may not contain a single stock and on other days, it many contain as many as three or four stocks.
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Accendo Traders is a group of momentum traders. We scan the market each night for stocks that about to make a move. We start by examining the Sector Rotation of stocks and then look at the results of our scanning system.
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Chart Patterns
Candlestick Chart Patterns should be a part of any successful trade plan. Identifying those patterns that you determine to be indicators of future stock trend can help you solidify your trading decisions.
Accendo Subscriber Testimonial
This is one of few out there that point to the big picture. It's not just buy and sell "tips", he helps you develop your own system and looks at the key picture of the psychology of trading... usually overlooked.
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Market Internals
As a part of making good trading decisions,
Each trader should master how to interpret Market Internals. We use market internals to gage the mood of
the stock market and to guide us with our trades.