Finding the best from the 2020 Top Picks

[umbrella]

I have compiled a watchlist from the Top Picks in the 2020 Stock Picking Competition, looking for a next breakout stock.

I am happy to share my work.

A link to the watchlist portfolio is at the bottom. I have not included LICs and ETFs because they will never "breakout" and so there is nothing to learn other than they were a useful reference point.

To put any comments I make into perspective, I am retired and follow the stock price movements on a weekly basis. Most of my stock buy/sell decisions are based on fundamentals with an eye on the trend (momentum). I use trailing stop losses set at 50% of the annual share price volatility for these stocks. I have some LICs and do not use stop losses on these.
I am happy to invest a small part of my portfolio in stocks with strong momentum that has a good story to tell. I do not use stop losses on shares in this category because of problems with liquidity.

Here is the link.https://www.dropbox.com/s/8wkm1sanou9vryu/Jan 1 2020.jpg?dl=0

The image is huge. I find Irfanview (free) app to be the best for this purpose.

The charts are 6 monthly. I would prefer 3 monthly but that is a limitation of the app I use.
Stocks that have hit my radar are RHT, TLX, TRU, MVP, AVH, SES, MAG, KZA, SDV and INA.

INA also meets the criteria for some fundamantal investors.

Some back story information on any of the above stocks would be sincerely appreciated.

 

[tinhat]

@umbrella, of course I, like most, would be very interested to hear of any breakout reports from your study of these stocks. A couple of questions on the charts you have posted:

1. The charts look like they are daily, so I am assuming that the SMA(50) on your charts is the 50 day simple moving average?

2. Of what significance is the red circle you have drawn around some of the stock codes? I am assuming, based on your mention of your momentum approach and looking at the charts that these stocks have charts with the SMA(50) showing an uptrend?

3. You have charted only a selection of the stocks entered into the 2020 comp. On what basis have you chosen these stocks and do you intend to monitor the stocks that are not included in this batch of charts?

I look forward to reading your commentary.

 

[umbrella]

@umbrella, of course I, like most, would be very interested to hear of any breakout reports from your study of these stocks. A couple of questions on the charts you have posted:

1. The charts look like they are daily, so I am assuming that the SMA(50) on your charts is the 50 day simple moving average?

2. Of what significance is the red circle you have drawn around some of the stock codes? I am assuming, based on your mention of your momentum approach and looking at the charts that these stocks have charts with the SMA(50) showing an uptrend?

3. You have charted only a selection of the stocks entered into the 2020 comp. On what basis have you chosen these stocks and do you intend to monitor the stocks that are not included in this batch of charts?

I look forward to reading your commentary.

Yes, I have only listed the "top picks". Too many choices can be a bad thing.

 

[Knobby22]

You left out Mesoblast!

 

[jhmtaylor]

You left out Mesoblast!

Oops. MSB has been added to the Watchlist and will be included in the next update. In the meantime, MSB is on a solid run so I have included a separate chart in this post to make amends for my oversight.

 

[jhmtaylor]

The league table at the end of the first month.

Two views of the same data.

In the Momentum January 2020 image. The highlighted stocks are my selection of stocks that are showing good SP momentum over the short and medium term.
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