Nothing Like Price To Change Sentiment
Today at a glance:
Reviewing the market bottoming playbook from last week
One specific setup I’m trading into the end of year
5 key names I’m looking at going forwards
Let’s dive in:
Simply put, it looks as if we’re currently in an environment where all 3 of the above criteria are satisfied. Why? Check these names out:
ANET
Major follow through here:
LRN
Beautiful action post EGU.
PINS
Highest Volume in 1 Year and closes well above today after finishing yesterday 0.04 higher than the HVC.
MSTR
Bitcoin related name but tests and holds the HVC today, follows through much higher by EOD.
GRMN
Bought this today at 113.50, will see how it responds tomorrow. Looking for follow through about EPS day high.
These setups are all tradable through my EGU playbook, which I teach for free using the button below. Actionable scenarios, real world trades, all there for you at no cost:
Alright, with the above examples it’s pretty clear the poor action from last week has shifted in the blink of an eye. There’s nothing like price to change sentiment!
With that being said, here are the couple of names on my Focus List after gapping up today (and ones I’ll be looking to trade tomorrow:)
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