When the market took off in spring ‘35 this was a leader coming out with strong price and volume action - similar to most leaders across all uptrends in history (it doubled in 11 months - typical of a monster stock during a strong uptrend).
Here come the predictions. I’m going with the same one again.
Friend asks: “What do you think the stock market will do this year”
Answer: “I’m fairly certain it will open at 9:30am and close at 4:00pm (eastern time) Monday thru Friday except for major holidays” 😉
Just analyze it and follow it - like O’Neil always did.
⭕ Most traders often lose because they want to trade all the time. For successful trading, a trading plan is essential.
🔹 You should know which trade you enter, when and why.
🔹 Trading plan protects you from unnecessary trades.
🔹 No trading plan can guarantee you a profit on every trade, but if you don't have a trading plan, you are sure to lose.