News can lead to big breakouts, and often big breakouts start with some surprisingly good or bad news. TSLA is a good example of that yesterday. A big analyst upgrade by Morgan Stanley in pre-market acted as a catalyst for this move.
Tracking news can help you find big winners if you develop a systematic process to identify such opportunities in pre-market. A daily focus on news can help you find good trades.
1 comment:
That is an interesting opportunity in a depressing market trend. I am studying your ways Pradeep. What is a good resource for relevant news? I could imagine that would make for a good setup in the pre-market and as long as you watch for follow through at the open.
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