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Tricky period for breakouts

The breadth has steadily deteriorated in last one month. Currently the Stockbee  Market Monitor is in negative territory.


The stocks leading the advance since brexit bottom are showing signs of breakdiowns. The breakouts do not have enough follow through.

But as of now the market overall is down only around 2.5% and looks to be in sideways range.


The election results might be the catalyst that will clarify market direction and launch year end rally.

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How to profit from PEAD (Post Earnings Announcement Drift)

Currently we are in earnings season. During the earnings season there are always some stocks that have significant earnings surprise either...

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Develop these habits to improve your trading

Daily study past winners and losers on various time frames and note down your observations. If you can develop this habit you wil...

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Bullish and bearish anticipation setup for today

Bullish Anticipation CGNX WGO PAYC WIX STB FB CTRL GNW Bearish Anticipation CBRL DXCM PII DECK LEG LGIH SCSS

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Sideways range is leading to less follow through on breakouts

A sideways range has formed from middle of July. In recent days a up day is followed by down day. As a result of index action comp...