PHM was anticipation setup
January 4, 2019
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.
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