Hey friend,
Let’s see how markets have been moving.
The Daily Direction
Note: Another strong day for the markets yesterday, with all indexes closing positive – both for the day, and the month.
The Daily Nugget
What people see as a “stagnant” stock, the skilled trader sees as sellers slowly but surely being shaken out.
Over the past few days, we’ve been talking about the importance of buying on strength.
Many traders are intimidated by doing this – and end up missing out on a ton of opportunities.
Thanks to reading this newsletter, you won’t be one of them.
But the thing is, oftentimes, signs of strength are hidden.
Take for example a stock whose price action appears “stagnant” – stuck within a tight trading range for days and weeks.
Many traders would ignore it, assuming that the stock is not showing any clear signs of strength.
But sometimes, that “stagnant” price action is just the sellers slowly but surely being shaken out…
Right before the stock breaks out to new all-time highs.
Ross Givens has created a top-performing breakout strategy based on this principle…
With the underlying pattern having been verified as the #1 in the world.
So, if you want to take advantage of the hidden breakouts happening all over the place right now…
The Traders Agency Team
