Hey, Ross here:
Let’s start the day with yet another actionable trading idea.
Chart of the Day
The second best sector over the last 30-days has been cybersecurity.
Cybersecurity stock Vmware (VMW) is completing a 2-year cup and handle pattern that looks poised to breakout higher.
Heavy buying volume, support at the 50-day moving average, and high relative strength are all the things I look for in a fast-moving stock.
And VMW has been moving fast.
Insight of the Day
Focus on strength and buy the best.
The seven words above describe my process in a nutshell.
It allows you to stack the odds in your favor with as many variables as possible.
Today’s trade idea is a prime example of that.
Moving average support, high relative strength, and heavy buying volume are the favorable variables in this case.
These variables are also what many of the “whales” – aka the market-moving institutional investors – look for.
This means that if you know how to spot these variables, you could get in right alongside these whales – and ride these big stock moves to the top.
I’ve developed a complete strategy for doing just that…
And as part of our extended Labor Day special…
All you have to do is click here to equip yourself with this strategy for just 99 cents.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily