The Moving Average Fluctuation Indicator Algorithm (MAFIA) is a technical indicator developed by Roy Pope (Underworlds), owner of the NVestorz.com web site. The purpose of the indicator is to detect patterns in stock charts that indicate a high probability of the stock's share price reversing direction in either a long or short-term trend.
The MAFIA is proprietary to NVestorz, meaning that the algorithm is kept secret from others. Results from scans conducted using the MAFIA will, however, oftentimes be shared with the rest of the investing community through the NVestorz website.
Many of the stocks returned by the MAFIA scans, though not all of them, normally exhibit gains of anywhere from 3% to 20% within a day to three days. As always, it is strongly advised that a stop loss order or a trailing stop be set on every purchase made in order to minimize losses.
As MAFIA scans are conducted, the results will be posted to these blogs. For the most part, this will be done nightly using the End of Day data from the most recent close of the markets. Any member of the NVestorz community interested in receiving the MAFIA-selected stock symbols via email need only request an account upgrade from Normal membership to Gold membership. There is no cost to upgrade your account to Gold member status and you can have your account downgraded back to Normal status by simply requesting the downgrade.
All upgrade and downgrade requests should be made to Webmaster or Underworlds using the Private Messages (PM) feature of the site located in your personal profile page.
WARNING: It cannot be said enough times - Never rely solely upon technical analysis when making financial investment decisions. The results of technical analysis should always be coupled with the results from your own fundamental analysis and due diligence research of the companies that you invest in.
Tags: Moving Average Fluctuation Indicator Algorithm Mafia Trade Signals
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