Anticipation Setup for Mar 27, 2015
March 27, 2015
JRN SSP TWOU TTMI THOR
Are some of the stocks today on my watchlist.
What to look for in good anticipation setup
- series of narrow range days in pullback/consolidation
- orderly pullback with no 4% b/d during the pullback or consolidation
- low volume pullback
- low volatility during pullback
- linear first leg if looking as continuation setup
- Stock should go up smoothly and not in volatile manner
- 3 to 10 days consolidation/pullback
- not up 3 days in a row
TWOU is a good example of anticipation setup. The stock has series of narrow range days on low volume.
Because of market weakness I am careful on taking any long position.
Some of the short anticipation setups I am watching are :
HSY QIHU SXL EMES GPRO
No comments :
Post a Comment