Momentum Leaders are Giving a Us a Clue Shopify (SHOP), one of the biggest momentum stocks in the market, has taken out one level of resistance already (the lower red line in the chart below). It will be testing — and possibly breaking — a second level this morning (the upper red line in the chart below). This suggests the next move will be higher. Tesla (TSLA), another Wall Street momentum darling, will likely break out to the upside of its triangle formation (the blue lines in the chart below). This too suggests the next move will be higher. Keep an eye out. We might be about to see a real “face ripper” higher soon. Best Regards, Graham Summers Editor, Money & Crisis P.S. When the market starts showing setups like these, it can mean big profit opportunities. So take a moment to watch this short video I made. It’s about my brand-new trading strategy called “2-hour profit windows.” (Thousands have already watched it!) This could have a BIG impact on your finances. Click here to learn how to take advantage. |
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