The McMuffin pattern demonstrated the uptrend in the market indexes were going to continue. This knowledge allows for taking advantage of huge potential price moves. Pattern breakouts are not going to be inhibited by any concerns of bearish sentiment in the markets. This market condition allows for the breakouts to produce inordinately strong profits. Candlestick simple scanning techniques pinpoints where these strong price moves are likely to occur, candlestick pattern breakouts. This is been illustrated numerous times over the past few weeks with daily returns on individual stock charts producing 15%, 30%, 50% profits, with our position in OCGN up 201% today. Have you often wondered how other investors seem to be participating in the big profit moves? Candlestick charting techniques allow YOU to be in the big profit moves!
The big percentage move over the past five trading days in OCGN is producing the GME affect. Investors are seeing strong price moves occurring in the biotech stocks, especially those associated to the vaccines. This is producing good profit trade set ups in other biotech stocks. Investors not wanting to miss out! When you utilize the candlestick patterns, you have to major benefits! First, the candlestick breakout signals indicate when something new is occurring in a specific company and secondly, the RARE process allows investors to research what was causing that new breakout interest in the stock price. This simple combination dramatically improves the probabilities of being in the right place at the right time. Stocks such as CLSN, VBIV, ENLV and LIFE have dramatic upside potential. The Candlestick Forum has been advocating being heavily invested in the electric vehicle sector as well as the biotech sector. Candlestick scanning techniques immediately identify which stocks have new bullish sentiment coming into the price with great enthusiasm.
Chat session tonight at 8 PM ET.
Good investing,
The Candlestick Forum team
