This How You Will Find Your Next Winner
Contraction in stocks with high momentum typically leads to more upside, it’s that simple.
Here are a few recent examples.
The best way to find stocks with high momentum is to sort the universe of stocks based on year to date performance (high to low), or the best-performing stocks of the last 3-6 months, look at the top 200 stocks. Once you do that you want to wait until the stock consolidates (don’t chase) to within a couple percent from its 20-day moving average, then it’s just a matter of waiting for the first hint of expansion to jump aboard.
STOCK OF THE WEEK RECAP
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at firstname.lastname@example.org or 646-480-7463.
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