Weekly Watchlist May 1st- May 5th, 2023

RobinHood trades are capable of producing huge profits. RobinHood trades are better executed using candlestick charts. They do not occur with great frequency but the candlestick investor has the advantage of knowing exactly when to be buying and when to be taking profits by doing a simple technique – moving to the 10-minute chart. Candlestick signals and patterns work effectively in all time frames. This helps the candlestick investor to maximize potential profits on big breakout trade moves.
The uptrend in the markets is better assessed knowing the J-hook patterns are starting to push the indexes up through potential resistance levels. Having the ability to evaluate the overall trend of the market provides the candlestick investor with a more aggressive bullish approach when witnessing bullish trade setups. Simple candlestick scanning techniques make for immediate identification of the confirmation of a good bullish or bearish trade setup. Additionally, having a chat room community that is all looking for the same type of pattern breakouts allows for a constant supply of good trade potentials.

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