Sure, the markets were trying to catch a bid in the overnight session — but after yesterday's selloff..
Who knows whether this gap up will be sustained, there's just too much uncertainty on the table.
While most traders will look to play defense or short stocks once they see the market tank, I typically look to be a buyer of stocks.
More specifically, when uncertainty in the market is at peak levels — there's one area that remains hot…
Small-Cap Momentum Stocks
I mean, just take a look at some of the top gainers yesterday...
These stocks bucked the trend yesterday, and I believe there will be plenty more opportunities in momentum stocks, regardless of what the market does.
The key to success with trading these stocks is to recognize patterns.
Take Community Health Systems (CYH) for example.
The stock broke out from its resistance level, and on the hourly chart…
It's got a bull flag / pennant forming. Typically, when this pattern pops up, it signals the stock can run higher — so I want to keep this on my radar.
That's just one of the momentum plays I saw, and there are plenty more where that came from… if you know how to recognize scalable and reliable patterns.
While there is uncertainty in the market, I want to teach you how to navigate this wacky market with my favorite chart patterns.
You can either remain patient and stay on the sidelines…
Or you can go on the offense and hunt down momentum stocks before they take off.
Find out my favorite setups and discover how to utilize them to attack the market.
It's time to make a move.
Grab your copy of my momentum stocks training guide here.
Jason Bond JasonBondPicks.com
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