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All my picks do have momentum on charts and I try to make sure that there is fundamental momentum or a promise of fundamental momentum. The latter because many a times charts guide you to entry points in stocks when not much is visible on the fundamental front. Its only after some time that the actual fundamental triggers start to play out. So if I have any position where at the point of entry I cannot figure out any fundamental triggers, I keep myself clued in to the developments happening at company/sector level.
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As a general rule I try to follow broad ranges as my stop loss rather than absolute numbers. But after having read Stan Weinstein, and then looking at the charts after having plotted 30 week moving avg, I think a simple way to follow stop loss could be to watch out for a decisive breach of 30 WMA in stocks which are strongly trending. For me also its a work in progress, but hope this approach provides some kind of systemic framework for you.
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