: The stock should break out from a long, stable "base" period.
You can track the necessary data through several official and specialized channels: Insider buy superstocks
: Stine often waits 2–3 weeks after an initial earnings breakout for a "low-risk" entry point as the initial hype wanes and volume dries up. : The stock should break out from a
The strategy focuses on identifying stocks where corporate insiders—executives and directors—are using their own money to buy shares on the open market, signaling high conviction in the company's future. Insider buy superstocks
: Ideally, "cluster buying" where multiple C-suite executives or directors make large, open-market purchases.
: Look for a breakout above the 30-week moving average and respect for a "Magic Line" (often the 10-week or 50-day moving average).