Weekly Watchlist February 8th – February 12th

You can easily identify where a high probability trade breakout is likely to occur. Candlestick signals and pattern breakouts are an immediate alert there has been a major change of investor sentiment. Take note of our purchase of OCGN at $.73. The Candlestick alert showed something had changed investor sentiment after trading flat for months. Evaluating their news report on that day provided insights as to what the company was doing and what their future prospects might be. What did our RARE  process reveal?  They have been approved for co-vid vaccines in India, which eventually has been allocated to the US market. Prior to the breakout, there was no way of knowing about this company. Friday, it closed at $5.25, up 62%, and eventually close at $8.62 after hours. Does every candlestick chart provide this type of return? Definitely not, but the probabilities of being in a correct trade and  (a correct trade that has the potential of big price moves) are greatly in the candlestick investors favor. What did the RARE reveal on Friday? Results are indicating OCGN’s vaccine results are showing better than the existing vaccine results.

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Weekly Watch List February 1st – February 5th

The T-line rule – a very strong statistical probability! When prices/trend close below the T-line, the probabilities are extremely high that investor sentiment has changed, a downtrend is in progress. This was illustrated in both the Dow and the NASDAQ this week, the NASDAQ closing below the T-line after gapping down from indecisive trading formations, a hanging man/Doji. For the past few weeks, the indexes have been demonstrating indecisiveness, multiple Doji’s and indecisive trading days. The Japanese rice traders demonstrated that when you start seeing indecisive trading in overbought condition, start watching for a reversal. Obviously, the reversal has started, with the likelihood of the indexes heading for the next support levels. This makes trading very simple, when the probabilities are the markets are heading lower, closing out long positions that are starting to look weak and adding short positions to the portfolio dramatically improves the probabilities of being in correct trades.

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Weekly Watch List January 19th – January 22nd

Free sample! The electric vehicle industry

Take advantage of a free sample that you do not want to miss!

The Candlestick Forum is providing a service that can make huge profits for short-term traders as well as long-term investors.  Learn how to produce large potential profits in the electric vehicle industry. An assumption, the electric vehicle industry is not only here to stay but likely has a huge market potential over the next few years.

This makes simple candlestick scanning techniques valuable to the short term trader as well as a long term investor. The electric vehicle industry is growing rapidly. Why? Two important elements!

1. Clean energy! This is the most powerful aspect of the popularity of electric vehicles.
2. Technology! The technology in the power generation/batteries of electric vehicles are advancing exponentially.

But there is the major problem of investing in the electric vehicle sector.

Which company will have technology that will make another companies technology rapidly obsolete? This is where candlestick analysis provides a huge advantage for investors. Wouldn’t you like to be able to rapidly identify which companies are creating a technological advantage?

There are currently over 50 companies in the process of producing fuel-cell energy and battery-driven vehicles. How do you know which companies are going to lead the industry? Candlestick analysis makes that very simple to evaluate.

Technology is leapfrogging. Lithium batteries provided approximately a 125-mile range before recharging, just two years ago. Currently, batteries have been improved to average 350 miles before recharging. TSLA and NIO are projecting their automobiles to be able to range to 625 miles in the very near future.

You do not have to constantly research. The candlestick charts provide that information for you instantly. Discover the immense amount of information that are provided in the candlestick charts that reveal the strongest profit potential companies, both on a short-term basis as well as a long-term hold.

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Weekly Watch List January 11th – January 15th

FREE SAMPLE Candlestick signals and patterns illustrate which stocks and sectors are showing the greatest strength or the greatest weakness. These advantages are being applied also to a very specific industry, The electric vehicle industry.

Take advantage of our two-week free trial to the Candlestick Forum website and chat rooms.

You will gain valuable insights into the logic that has made candlestick analysis a profitable trading methodology.

An assumption, the electric vehicle industry is not only here to stay but likely has a huge market potential over the next few years. This makes simple candlestick scanning techniques valuable to the short-term trader as well as a long term investor. The electric vehicle industry is growing rapidly. Why? Two important elements! First, the general public favors electric vehicles that do not create pollution. This is the most powerful aspect of the popularity of electric vehicles. Secondly, technology! The technology advances in the power generation/batteries of electric vehicles are advancing exponentially. This is making electric vehicles very rapidly affordable.

But here is the major problem of investing in the electric vehicle sector. Which company’s technology is going to make another company’s technology rapidly obsolete? This is where candlestick analysis provides a huge advantage for investors. Wouldn’t you like to be able to immediately identify which companies are creating a technological advantage? There are currently over 50 companies in the process of producing both electric automobiles and trucks.

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Weekly Watch List December 21st – December 25th

After trading lower most of the day on Friday, late afternoon buying brought the Dow back up above the T-line. The NASDAQ traded slightly higher. Although indecisive, the final criteria for analyzing the overall market trend is the T-line. As long as the indexes continue to close above the T-line, the assumption remains the uptrend is in progress. This is also creating an additional benefit for the candlestick investor. As long as there is not any worry in investor sentiment of any major selling, candlestick pattern breakouts are producing excessive profit potential, versus merely slow up-trending stock prices during a slow up trending market. The J-hook pattern, fry pan bottom pattern, and wedge breakouts are producing strong profit potentials.

Currently software applications stocks are acting very well, MGNI, PERI UPWK, KRMD, ANGI, OSPN, APPS. The utility sector is also producing good bullish pattern setups, CLNE, FCEL, ORA. The virus vaccine sector continues to maintain good strength, ATXI, SGMO. Electric vehicle sector is producing new bullish patterns, allowing for both short-term and long-term trade setups, NIO, SOLO. As long as the indexes continue to trade above the T-line, candlestick breakout patterns are going to produce much greater profitability.

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Weekly Watch List December 7th – December 11th

An often asked question is which are the strongest candlestick signals and patterns. The answer is relatively simple. The signals and patterns we’ve already identified have been cultivated down to the best set ups. The nature of the market trend will indicate which signals are patterns are performing the best during that time frame. Currently, the J-hook pattern is the predominant pattern being created in these market conditions. There are extremely strong bullish J-hook pattern setting up in the oil stocks.COP, OXY, APA, CPE, NOG, OIL, HAL, DVN, MUR, MTDR, VLO.  The probabilities are dramatically improved when you can see a whole sector being bought. This allows the candlestick investor to scan for which stocks in that sector have the strongest charts. This is putting the stars in alignment. The shipping stocks are also showing good bullish patterns. FRO, DAC, TNK, DSSI. Information providers are also acting strong GRPNB, FSLY, BILI, VERI. As long as the market indexes continue to trade above the T line, anticipate the bullish candlestick chart patterns are going to continue to perform well.

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Weekly Watch List November 30th – December 4th

The markets remain in a uptrend, the NASDAQ showing the most strength while the Dow is slow uptrend/sideways. This implies that not every sector is moving in a bullish direction. Fortunately, simple candlestick scanning techniques reveal which sectors are acting the strongest. The electric vehicle industry continues to show good chart patterns, BLNK, GP, HYLN, FSR can be bought on continued strength. The Biotech’s continue to show good J-hook patterns, indicating more upside MRNA, TRIL, VXRT, INO, ABUS. The telecommunication sector is starting to show strength, IDT,HEAR, ADTN, TMUS, KT, MBT, AMX. The stars are put in alignment when buying the strong sectors/strong stocks in those sectors. The slow pace of the uptrend also indicates shorting stocks with good strong bearish patterns, i.e. GOOS with a bearish flutter kicker signal. The T-line continues to remain as a valuable trend indicator. As long as the market indexes stay above the T-line without any significant candlestick sell signal, assume the slow uptrend remains in progress.

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Weekly Watch List November 23rd – November 28th

Stocks to watch The Dow closed below the T-line on Friday after a bearish left/right combo earlier in the week. This would imply the possibility of a bearish pullback. These market conditions make long positions in the portfolio having very compelling bullish chart patterns. The electric vehicle sector is still showing excessive strength, FB, WKHS, BLNK, TSLA, FUV, HYLN. The lithium mining stocks are still acting well, WWR, TTHM. Numerous biotech stocks are showing strength with the virus problem still present. VCRT, SRNE, NVCR, BNTX, MESO, CRMD. Be ready to add some short positions to the portfolio on weakness, INO, AVRO, ESPR. Software applications stocks have some good prospects as well as home furniture companies are showing strength. These market conditions warrant having both long and short positions in the portfolio.

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Weekly Watch List November 2nd – November 6th

The market pullback hard this week with all the indecision occurring in the political markets. The virus, the lack of economic stimulus packages, the indecisiveness of the polling. Although there are some potential bullish sectors and bearish sectors to consider, the necessity to do any heavy investing/trading this week is probably ill-advised until the election results are tabulated, which may or may not be by the end of the week. The construction sector has shown strong bullish signals, EVA, SUM, CX, ORN, TPC. The automotive sector is showing weakness, providing some short opportunities. NIU, TSLA, AGNT, WGO, F. Do not expect any strong directional movement of the markets until after Tuesday’s elections. This will put more emphasis on analyzing what each individual stock chart is conveying, whether in a strong or weak sector or not. The trading strategy for the week is to keep your powder dry.

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Weekly Watch List October 26th – October 30th

The indecisive market trend is obvious. First, the direction of the trading has been sideways for the last week of trading. Secondly, the nature of each trading day, forming indecisive hammer type signals in the Dow, also illustrates a lack of decisiveness. The lack of any market direction can probably be attributed to waiting to see what the election outcome will be. Fortunately, the candlestick investor has the benefit of being able to do simple scans to find which sectors/stocks are performing the strongest. This week, there are strong signals in the biotech/healthcare sector. RVP, NXTC, NXGN, NK, CRDF, ADNT. The business software sector has shown some good J-hook pattern setups.VERI, ECOM, MDLA, VIPS. The apparel store retail stocks are showing good strength. DLTH, PLCE, ANF, DDS. The sideways mode of the market is likely to stay in effect until there is a dramatic change of the polls for the election. The results of the polls apparently are not producing any insights due to the closeness of the races as well as the lack of confidence in the accuracy of polling. These market conditions make the results of simple candlestick scanning techniques much more relevant for identifying profitable trades.

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