Investments in cheap stocks on the US market based on Ichimoku Kinko Hyo T1.

Long-term investment strategy idea. The strategy is based on technical analysis - specifically on the clouds of the moving averages of the weekly candlestick chart. The clouds are constructed based on the principles of the Ichimoku Kinko Hyo methodology (weekly chart). In addition, fundamental analysis indicator is also taken into account - price to earnings ratio (P/E) and the company must have equity capital > 1,000,000 USD (filtering small companies). Companies listed on NYSE, NASDAQ stock exchanges. The idea is to invest in "cheap" (P/E < 5) companies that have significantly lost in valuation (stock price decline > 60% from the last all-time high), and after an accumulation period, enter a probable upward trend. In summary, each monitored company is assigned a phase of the trend: - Downtrend phase - price below the ICH cloud. Specifically, candle T1 closed below the ICH cloud. - Accumulation phase - price is inside the ICH cloud. - Breakout above - candle T1 closes above the ICH cloud (previous candle closed inside the cloud). - Buy signal - After the downtrend phase (with a decline > 60% from the last ATH) and accumulation phase, the price breaks out above the ICH cloud and retraces. Confirmation of the end of this retracement constitutes a buy signal for the company to be added to the portfolio. - Uptrend phase - company price above the ICH cloud.