Kamis, 01 Juli 2021

When Long-Term and Short-Term Charts Align

JBP Momentum Stocks

Hey Guys and Gals,

Some of my favorite trade setups occur when there's an alignment between long-term and short-term charts.

As I often say, I generally try to make the bigger picture work in my favor - who am I to fight the market?

Then, there's the intraday piece of it…

I might like the bigger story all I want, but I still wouldn't touch a stock until it gives me a good risk/reward setup.

But when the charts align and a long-term potential meets a good short-term setup - something magical can happen.

This is exactly what happened in my BSQUARE (BSQR) trade earlier this week…

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Jason Bond

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