All my bullish swing trading setups to follow this week
Gap higher by +20 points and stay in cruise control the rest of the day – not a bad way to start the week. Especially considering how dull the market has been over the last couple of months. Now there is new life to the market. The bull flag that SPX has been trading in for the past two months has been broken and despite all the days where the market couldn’t buy a rally, it is now trading above all of its moving averages.
Below I’ve put together a whole list of stocks whose charts looking extremely bullish and setting up for breakouts or bounces. Look for charts that have tight consolidation and are coming out of that consolidation with a favorable reward-to-risk ratio of at least 2:1
Here’s the watch-list
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