January 19th Market Direction

Simple logic! If the markets are still trading flat to slowly upwards, candlestick charts clearly indicate which sectors are getting bullish sentiment. Currently there are dramatic technology improvements occurring in the electric vehicle sector. Take advantage of our free sample, a two week guest pass to our daily chat rooms. You will find an immense amount of logical information being attributed to high profit trade set ups. If you do not have the time to spend hours each day analyzing which companies in a strong sector is going to have better technology advancements than their competitors, candlestick analysis provides that information for you. Even with the sideways mode of the general market, indicating some sectors trading higher while other sectors are trading lower, simple candlestick scanning techniques pinpoint which sectors have the strongest bullish sentiment.

TSLA is up over 700% over the past year. Is it overbought? There are some expert analysts that advised that Tesla was overbought/overpriced at $235. This is a good example of why you don’t listen to so-called experts, you let the charts tell you what the price is doing. Technology advancements are occurring very rapidly in the electronic vehicle industry. Currently, electric vehicles make up 1% of the total automobile market. It can be assumed that consumer acceptance is growing very rapidly for alternative energy automobiles. If the alternative energy vehicles move up to 2% to 3% of the total market, that is going to indicate huge expansions in that sector. But what if this sector grows to 30% of the total automotive market. Which companies technology are going to make those companies leaders in the growth of this sector? That is what the candlestick RARE program will identify immediately and allow for being in strong price moves at the appropriate time. Take the guesswork out of being in the right place at the right time. As a member of the Candlestick Forum, you will receive a constant flow of updates of whose technology is moving ahead. If you would like to become acquainted with the common sense trading aspects of candlestick analysis, take advantage of our two week free sample.https://www.stephenbigalow.com/free-pass-2021

Chat session tonight at 8 PM ET.

Good investing,

The Candlestick Forum team

Share