Sato Stocks

We identify high momentum, explosive and strong stocks in 4 markets (US, Japan, Korea & Taiwan) using proprietary indicators that we have spent years on.

[Sato Stocks @SatoStocksTips]

My Trading Mantra (from @JimmyTrustFund)

"Treat trading as a business where you only want the best merchandise for the shortest possible time in order to have the maximum profit with the least possible chance of failure"

[Sato Stocks @SatoStocksTips]

@babyfolio Holding on tightly to this one

[Sato Stocks @SatoStocksTips]

@FranVezz Good win

[Sato Stocks @SatoStocksTips]

This issue has been ongoing for years and the govt is not planning to change that. The rich here will stay rich and the younger working class generation will stay as it is as well. Problem is there is not incentive for the govt to do anything, they are busy playing their own political game. Overall lack of talent and leadership in the tw govt.

[Sato Stocks @SatoStocksTips]

Only entered one position this am, Softbank (9948.T)

What we like:
1. Low volume throughout the past 2 weeks
2. The 50ma touch and go
3. 3 small bros candles (tight candles)
4. Support on 10ma
5. Low risk (well defined), high rewards

[Sato Stocks @SatoStocksTips]

@FranVezz LFG got in yesterday too. Low risk high reward trade

[Sato Stocks @SatoStocksTips]

@PradeepBonde @fintergirl

[Sato Stocks @SatoStocksTips]

@PradeepBonde Makes sense! 🙏

[Sato Stocks @SatoStocksTips]

@PradeepBonde Do you consider the stocks ATR% and ATR% multiple from 50ma?

$COO is only 2.75% ATR and if you usually hold for 3-5 days, wont the risk/reward be a little too low?

[Sato Stocks @SatoStocksTips]

https://t.co/dgyCobzGnJ 5 consecutive limit ups and still looking strong although it is pretty extended at 14x ATR

Still in majority of the position

This is a textbook example of how we manage risk reward and entries.

Entered this position with minimal risk and now the rewards are far greater.

[Sato Stocks @SatoStocksTips]

Journaling 2 of my entries today in the Taiwan market.

https://t.co/t7kJnotlyP and https://t.co/cXXPqIdSt8

Both have high risk reward ratio and very well defined stops.

Let's see what happens

[Sato Stocks @SatoStocksTips]

Solid advise

[stockbee @PradeepBonde]

I just move my stops aggressively to protect profit if it gaps or breakouts in first few minutes so id it starts fading you out with profit. Genuine breakouts don’t fade so you hold for 3 to 5 days.

[Sato Stocks @SatoStocksTips]

@fintergirl @PradeepBonde Great minds think alike

[Sato Stocks @SatoStocksTips]

@PradeepBonde well said

[Sato Stocks @SatoStocksTips]

$APLD starting to look a little interesting.

Bouncing off the 50ma and the 10ma crossing the 20ma.

[Sato Stocks @SatoStocksTips]

$INTC is looking for that breakout

[Sato Stocks @SatoStocksTips]

@jfsrev that's what we have been preaching for the last few weeks

[Sato Stocks @SatoStocksTips]

Everyone seems bullish again.

But we will be careful with our entries today. $QQQ Gap up days are actually a little dangerous, and the first 30 mins will be even more so. There will be a lot of volatility to trap both bulls and bears.

What we will do is to wait for the market to stabilize and flush out the imposters.

[Sato Stocks @SatoStocksTips]

These are the names I will be watching on open of market today

$RXT $SIMO $DELL

All 3 names showed alot of resilience during the pullback last week and are above the 10ma

[Sato Stocks @SatoStocksTips]

Many people asked us how we know whether a stock is going to breakout.

The answer is, we don't know.

But what we do it to enter a high probability breakout setup with minimal losses. So that means, if it breaks out, we are rewarded in a few R multiples but if we get stopped out, we lose 1R (minimal loss).

Some of the requirements we looking into when spotting for breakouts.

1. Volatility
2. Volume compression
3. Instituitional strength
4. RS strength
5. Strong uptrend
6. Well defined risk (low risk, high rewards type)
7. Tight candles in succession (at least 3)

[Sato Stocks @SatoStocksTips]

@PradeepBonde @fintergirl