, Small-cap momentum stocks have been popping off. Just this week I uncovered two massive winners — locking in nearly a 60% return on a portion of my position in PLL…*
And 50% on a piece of my HUSA position.*
Listen, I'm not telling you about my gains to brag… I want to show you how effective my chart patterns can be.
Allow me to show you three stocks I'm eyeing right now, which I spotted with two of my favorite patterns. Vivopower International Inc. (VVPR)
In that chart above, there are actually two of my favorite patterns showing up. First there's the rest and retest pattern.
VVPR had a massive move recently and just wicked the 61.8% retracement level and started to trade higher.
Not only that, but there's a bull flag/pennant forming, and that was the same pattern that I spotted in PLL earlier in the week. Chinanet Online (CNET)
This pattern here for CNET is similar to VVPR. CNET popped off on Wednesday, and I want to keep an eye on this one if it pulls back into a key Fibonacci retracement level.
You see, those areas tend to be key areas of demand… and it helps me time my entries and uncover large moves.
Adial Pharmaceuticals (ADIL)
Recognize this pattern?
Again, it's the rest and retest, or Fibonacci retracement. With ADIL closing right at the 61.8% retracement level on Wednesday, I want to see how the stock acts and if it bounces higher, I may look for an entry.
There are plenty of momentum trading opportunities out there, and I want to show you how to uncover the ones set to pop off AHEAD of time.
Allow me to show you how to use chart patterns to your advantage.
You'll be shocked when you realize how much my three patterns pop up in momentum stocks.
Discover my favorite chart patterns, and how they can help you become a better trader.
Jason Bond
*Results presented are not typical and may vary from person to person. Please review our full disclaimer located at ragingbull.com/disclaimer. |
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