This is a question that I get asked often. What is the best strategy I can use?
Well the answer to that question is simple. It depends on your trading strategies, meaning whether you are day trader, swing trader, or an investor.
Generally we look for stocks that have broke above major moving averages (21 and 50 SMA) with a big price and volume surge. We then look for the stock to pullback, testing and remaining above support and/or one of these moving averages.
At that point we want to see a bullish candlestick formation (bullish engulfing, piercing line, bullish kicker...) that indicates the pullback is over and price is ready to move higher.
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All the information shared in this course is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options, forex,cryptocurrencies, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stock, forex, cryptocurrencies, futures, options, commodity interests or any other trading security.