Anticipation allows you to find very low risk entry points in stock. If you enter with very tight stop then the risk reward can be good.
FIVN is an example of such setup . It had 5 narrow range days before yesterday. Tuesday was the narrowest day of them.
It showed up in the Anticipation scan. Stock has established momentum , so this is part of a continuation setup. Out of few anticipation setup it was the best. The entry was at open and it just exploded in next 15 minutes. It did pullback due to market weakness a bit but ended up 7% up for the day.
To find setups like this you have to run a narrow range day scan on stocks with established momentum and then individually inspect each candidate to further reduce universe to 3 to 5 best ideas. It takes at best 15 to 20 minutes to do this.
Here are some of the anticipation setups I am watching today:
PACB
NCTY
MRCY
AXON
SQ
ENZ
DLTH
INTC
WB
KBIO
ULTA
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