Candlestick chart pattern breakouts are occurring when the market trend is consistent in one direction. Candlestick chart pattern breakouts are being identified in the fry-pan bottom breakouts in the J-hook pattern breakouts. Big profits have been made from the J-hook pattern in a number of energy stock prices. An additional bullish confirmation is recognizing the same pattern exhibited in numerous stocks in a specific sector. This illustrates the sector is being bought across-the-board. XOM, COP, EOG, NOV, APA, OXY, and many more were exhibiting strong J-hook patterns. Currently, J-hook patterns are being identified in the steel stocks and mining stocks. The advantage of being in candlestick pattern breakouts is twofold. First, there is a high probability of the price move moving in the expected direction and secondly, the magnitude of the price move will be much greater than a mere up trending stock during an up trending market. Take advantage of this information by knowing which simple option strategies produce the highest profit potential. Join us this Saturday, October 29 for a full day training on applying the best option trade strategies to the appropriate candlestick patterns.
