by CI Staff
StockFlix is an online service that selects stocks based on advanced pattern recognition algorithms, which the company developed by itself from the ground up. The website is best suited for traders who do not have time to perform their own technical analysis, who would like a second opinion on their decisions or who are simply looking for new ideas. In essence, StockFlix simplifies the difficult process of technical analysis for its users.
StockFlix posts its stock picks before every trading day in the “Today’s Picks” tab. There are four categories: Reverse to positive, Reverse to negative, Continue to positive and Continue to negative. Stocks in the Reverse to positive section have sold off recently and StockFlix expects a rally, whereas stocks in the Reverse to negative section have rallied and the website expects a sell-off. StockFlix expects stocks in the Continue to positive or negative sections to continue their current trends (i.e., rally or sell-off). Selecting a stock from the list will open its chart, which illustrates the pattern behind the expectation and displays the reversal and continuation statistical probabilities in an elegant and easy-to-follow format.
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