BIB was a good example of anticipation setup | stockbee

6/19/2015

BIB was a good example of anticipation setup

BIB was one of the ETF  highlighted yesterday as a anticipation setup. My entry on it was pre market as it started to breakout and my price was 90. The ETF went on to make 4% plus move yesterday. Anticipations breakouts gives you very early and potentially low risk entry. It also allows you to risk more as your stop is very close to entry. 



BIB before the breakout as an  anticipation setup looked like this.


The work involved in identifying good anticipation candidate is during non market hours. It gives you time to plan the trade.

Stocks in my Anticipation watchlist today

RXDX MDR TXMD BLUE PFNX INTL HUBS FOMX CROX CAS BRCM COWN SNOW LXFT MCGC TWC ECHO BCOR IPXL GT BCO WIFI CAM SCHW TGI DHT AGCO MSCI MSG GE PNRA KMX FFIV CYN IHS AAPL PRTY BZUN

No comments: