Minervini Power Play

Friday, Nov 17 2017 by
15

In Minervini's first book there is a small section starting on p253 about Power Play stocks.
Essentially they are pure momentum plays with little regard to fundamentals.

To qualify the following criteria must be met:

1. Stock price up 100% in less than 8 weeks, usually after a period of dormancy.
2. Stock usually moves sideways 3-6 weeks with corrections of max 20-25%
3. Days before the breakout volume will contract considerably.


I have put together a simple screen that shows some candidates both in the UK and Europe.

https://www.stockopedia.com/screens/minervini-power-play-319843/

A fair proportion are classified as Momentum Traps.

Anyone else try this strategy ?

Unlock this article instantly by logging into your account

Don’t have an account? Register for free and we’ll get out your way

Disclaimer:  

As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.


Do you like this Post?
Yes
No
15 thumbs up
0 thumbs down
Share this post with friends




4 Posts on this Thread show/hide all

sirfrank 5th Jan '18 1 of 4
1

Since reading this post I have used this screen regularly and added the following to my portfolio....

ZOO, GGP, ZIOC, VRS, and last but not least, RPT (up over 120% earlier today, now standing at +85%). Seems to throw up some good punts.

| Link | Share
vik2001 5th Jan '18 2 of 4
1

NAHL (LON:NAH) is another stock which looks like a minervini stock breaking out after a long period of stagnation, its now in recovery mode, with its stock rank being 99 also, and being decscribed as a super stock. I have opened a small position just to see how it plays out.

| Link | Share
sirfrank 8th Jan '18 3 of 4

More success for this screen! ZOO, GGP and VRS up nicely today.

| Link | Share
jjacob123 7th Apr 4 of 4

How exactly would you take advantage of this when the big 100% gain has already been made, followed by most likely a correction?

| Link | Share

Please subscribe to submit a comment





Stock Picking Tutorial Centre



Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis