PHM was anticipation setup
This was one of the highlighted stock as good anticipation setup last night. the advantage of identifying setup like these ahead of time is , it allows you to get very close stop.
As you can see stock is up 4% plus now. My entry was very early and very close to open , as a result risk is very low. My stop is already at break even on this.
A combination of anticipation and breakout setups allows you to lower your risk on breakout. More than that it many times allow you to also capture day one gains on breakout .
Many first day gains on breakouts can be 4 to 20%. Anticipation allows you to capture them.
If you are serious about making money swing trading , master anticipation setup. I have detailed it several times on this site with examples and scans.
No comments:
Post a Comment