The markets continue their uptrends, easily evaluated with the candlestick signals demonstrating the bottom of the trend channel continues to act as a support level and the indexes continue trading above the T-line. Although the uptrend may not be dramatic, it allows Candlestick investors to scan for the strongest stock/sectors during the uptrend. Numerous J-Hook patterns are producing very strong profits. Candlestick patterns work even more effectively when knowing the overall market trend is not showing any dramatic selling pressure. The Biotech stocks continue to act well. Gold and silver mining stocks continue their consistent uptrend. This week, auto parts and retail stocks are likely to produce strong price moves based upon J-hook pattern formations. You may want to join us this coming weekend for a two-day full comprehensive training on candlestick analysis. When you are presented with the signals and patterns, in a chronological order, you gain a clear understanding of identifying how profitable trades are based upon human nature. You will learn what the investor psychology was that created those signals. With this combination, you gain the same valuable insights into price movements as investors that have been trading in the markets for 40 or 50 years. Join us next weekend, you will not be disappointed. Click here for more info.
Weekly Watch list May 11th – May 15th, 2020
May 10, 2020