The best stocks to buy on any given day can be illustrated by too strong factors using candlestick analysis. The best stocks to buy can be situated in a sector that is getting a lot of attention. Currently, artificial intelligence stocks are in the forefront. Candlestick charts allow an investor to see exactly what is occurring in specific stocks in a strong sector. New interest in a sector is clearly illustrated with candlestick breakout charts. Once that has occurred, acting as an alert that new interest has come into that sector, simple scanning techniques identify which stocks in that sector are going to perform the best. The other major factor that helps identify the best stocks to buy is the candlestick patterns. The patterns have expected results. The fry pan bottom breaks out at obvious breakout levels, such as the beginning of the fry pan bottom pattern and/or through a major moving average everybody else would be watching. However, the scoop pattern, does not occur as often but it produces high profit expected results. Knowing what should occur after a candlestick signal or pattern allows the candlestick investor to take advantage of high probability situations.
