Anticipating a breakout helps in getting very low risk entry. Anticipation setups on momentum stocks allow you to make lot of money trading and find opportunities daily.
As stock gain momentum they undergo periods of fast moves followed by periods of pullbacks and consolidation. The pullbacks and consolidation periods offer you an opportunity to anticipate a breakout and enter with very close stop or enter with order few cents above the consolidation.
To anticipate a breakout look at stocks currently not undergoing momentum burst. That means stock should not be going up or down fast. Stock should be in extremely low momentum phase for anticipation . It can be a shallow pullback or consolidation in established momentum phase.
To anticipate look for stock with extremely low volatility. During rallies stock go through high volatility and low volatility periods, the low volatility (quiet) periods are where anticipation traders can focus. A stock with low volatility in last 3 to 20 days is ideal candidate as part of a continuation setup.
Some of the good anticipation setups from today are:
Anticipation Watchlist
VERI
CIT
SBE
TLRY
TME
MAT
LAZR
FTEK
FRSX
ANGO
LYFT
TDOC
OBLN
HEXO
CI
GP
CPST
SOLO
IZEA
KBH
CHWY
MIK
NNDM
PLUG
ISUN
PLTR
FSLY
CMD
SUNW
NIO
FTCH
BYND
If you are serious about making money trading develop a method to find these kind of setups daily.
1 comment:
This is good I now can che k out these stocks and see if I can find what you see
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