As my newsletter subscribers now, the market is now configured to be VERY supportive of leading stocks if we get better breadth over the next 2 months. This could cause a sharp move higher in the leaders (AI/semiconductors).
https://t.co/cyhKMwVEQv
There are still "air pockets" in this market. I was in and out of $USAC... another failed breakout/reversal like we have seen in so many names recently. During the month of March there were two types of traders... the quick and the dead!
@markminervini What’s your approach for limiting the number of breakouts you jump into? When I see a bunch of constructive setups that look even better than my current longs, I’m tempted to get into more than I should
$WKHS Is an example of buying a Stage 2 breakout later in this cycle in the exact right sector that turned into a monster. When you have a hot sector at your back the returns can be phenomenal
@nextbigtrade@nextbigtrade Thanks for the awesome calls! Got in last month on $FSLY $DKNG $FVRR Great rides though I jumped a bit early :) I shoulda listened to Stan...
@MoneyU101 Enjoyed your book Swing Into It. Noticed your more recent charts using MACD rather than Stochastic. Just mixing it up or did you find stochastic less helpful?