Stockbee 50: Anticipation Setups for Feb 05, 2015
The Stockbee 50 is a list of stocks with above average momentum. You can use the list for anticipation breakout or for breakout trades.
Anticipation allows you to control risk and get into setups early or as they are breaking out. Anticipating a breakout helps improve your per trade profits. It can also lower your risk as your stop is close. It can help you profit from even smaller moves.
Anticipation requires more pre planning and effort than buying a breakout. You need a process flow to do that. The process should be done daily and followed consistently.
EBIX is looking great from the Stockbee 50 list for possible breakout to upside. It has a series of narrow range days on low volume.
ARRY, MIFI and OVAS are other three stocks on the Stockbee 50 list which are in the process of forming a base.
If you are serious about making money swing trading the Stockbee 50 offers you a powerful list of momentum stocks to focus on.