Find stocks with extra ordinary momentum
Stocks with extra ordinary momentum are for any given time frame the most under buy or sell pressure. During such periods they continuously make highs or lows. They have very little pullback as buyers are constantly buying them.
If you can identify such stocks early in their extra ordinary momentum phase then you can enter them with very close stops and become instantly profitable . Not only that but for your holding period the stock is going to move with rapid velocity and as a result you can make profit fast.
There are many ways to identify these stocks early and the exact parameters depend on software you use.
These three stocks are example of stocks with extra ordinary momentum in last 3 to 4 months.
You can find similar high momentum situation intraday.
Find and trade stocks with extra ordinary momentum to grow your acount aggressively.
1 comment:
you have shown how to find TI65, momentum stocks, but what are extra ordinary momentum? is it based on intraday scan?
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