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Coaching Webinar Replay


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In this webinar I just want to share with you, a lot of research to show you how I do what I do, and how I identify the surging stocks you can make large and quick gains. A lot of people as traders think their job is simply to achieve high returns. As I say, if you buy a stock at $5 and sell it at 10, that’s great, but not if it took you five years to do it. If you do it in five days, that’s much more impressive.

So that’s what we’re going to focus on, is these surging stocks, what’s moving right now. What can make me money today, tomorrow, this coming week, not maybe next year, the year after that.

We go through five main items. One, how I create the surge watchlist, locating the breakouts in the action points of these trades. I’m going to demonstrate the strategy in a point by point setups. You can see what it looks when it’s working. I believe in studying winners and successful examples over and over again, so that it becomes second nature. And when you see the setup happening again, you’ll be that much more confident to pull the trigger and make that trade. Although there were a couple of stocks in my special report that most of you have already received.

I’m going to show you three surging stocks that could double that are setups right now. I’ve actually found a fourth one while I was waiting on this webinar. I’m going to show you guys too, as a little bonus.

1. Creating a watchlist

All right. So let’s start at the beginning, again, creating a watchlist. So as in most things in life, I believe in keeping it simple. The more complex to set up the less predictable to become. So simply put, stocks that are going up, tend to keep going up. Stocks going down, tend to keep going down, okay. So by focusing on those stocks that are already going up already surging, it’s kind of like fishing from a stocked pond, right? These are all good stocks. They’re all stocks showing strong momentum. You’re just trying to pick the best of the batch. When you’re trying to bottom feed, you try to get those stocks that are on sale, that are just fallen. It’s kind of this trying to catch a falling knife situation. If you’re throwing a knife up in the air and trying to catch it, you may grab the handle a couple of times, but you only got to grab that blade once, and it really stings you. So it’s just an easier approach to just follow what’s moving right now.

So now stocks that are going up, it’s a very basic statement. It’s very simple.

What do I mean by that?

I’m talking about five things, five criteria stocks that are going up one over the short and the longterm, okay. I want all trends pointing in the same direction. I want stocks that are going up a lot, not just a little. Stocks that are going up for a reason. We’ll cover each of these in more detail. Stocks that are going up more than other stocks, right? So we don’t want just ones that are winning. We want ones that are beating everybody else. And we want those moving on heavy volume. We want increased demand. We want lots of participants loading into these stocks. So what do each of these means? Break it down is obviously very simple. We’ll go to the technical details. Number one, we want to going up over the short and the longterm.

Short, Medium and Longterm timeframes

 So the easiest way to scan for this is simply Simple Moving Average, okay. We want the 50 Day Moving Average, above the 100 Day Moving Average, above the 200 day average. We want the stock above the 50, okay. So that’s going to show us that both short, medium and longterm timeframes, you’re all moving in the right direction. The stock is above that. So to give you an example. This is PG and E Corp. And as you can see, from 2018 to the middle of 2020, the trend was clearly down. The stock went from $70 down to $5. But during that downtrend, there were some pops higher, 29%, almost 400%, 300%. And you could have seen these through a tight lens with your blinders going, “Man, this stock has tripled this month. I got to get into it.” But it’s not in sync with the longer trend, okay.

Lets take Blackstone as an example. The trend was clearly higher, but if you looked at it during the wrong time, then this stock’s falling out of bed. It’s down 25%. It’s cut in half. It’s down 20% in a few weeks. However, the long-term trend was higher. So by trying to short this stock, you’re really fighting against the current. If instead you say, “Okay, the long-term trend is long. I want to wait to the medium and the short term trends are long.” You finally get all of that on the right side. And that’s when you get a nice clean move. You see that the 50 day moving average there in blue, above the a hundred day, moving average in yellow, above the 200 day in red. Additionally, you want to wait for that 200 days trending higher for at least a month of stocks above it.

And starting right around here in late November, that would have been your entry point. We see a nice quick push from the high 50s up to almost $90 a share, okay. So that’s number one. We wanted going up short term, medium and long-term. Does that makes sense to everybody? Any questions? I had to start it simple.

We’ll get more complicated as we go, but again, the simplest approach is always best.

2. Stocks that are going up a lot, not just a little

Number two, stocks that are going up a lot, not just a little, right. So what do we mean by that? Well, we want a stock that is up at least 30% above its 52 week low. If you’re taking notes, you may want to write this number down. 30% above its 52 week low. So we need a stock that is run it least what this says is the stock has run at least 30% this year, okay.

This is not a Walmart type stock.

It’s not one of those seven, 8% of years. This is a stock that’s moving. It’s moving in a decently big way. It can be up 300%, but minimum 30% above its 52 week low. And Kyle, how do you determine long-term for short term? We just used those moving averages. 50 day average represents the short-term, 100 mid and 200 day is the long-term average as it’s going to give you the average, the trend over the last eight to nine months. All right. So here’s an example. This is Target, right. And the stocks chop it around down here in the laws. It’s up 10%. It’s up 12. Nobody cares until you get that thing. 30% above that 52 week low. There’s no sense in messing with it.

You’re 30% move off that low to show that this thing is starting to move. It’s come off the low. The trend is reversed. And as you see, we’ve got everything else lining up for us to ever get the 50 above the 100, above the 200, the 200 is trending higher stocks above it. And it just pushed very nicely from that level. Never went against you for about a 50% move over about a six month period, which for mega cap, Target is a really good move.

Why 30%? Is it just a pattern which you’ve seen in the market? Is there something significant about that number? But why not 20%?

Well, it’s two things. One I’ve done a lot of research. So to give you some background, I spent about the last 10 years studying what I call this kind of 10 bagger stock, stocks that have run 1,000% or more and studied those traits to identify what to look for, to look for the new ones. And what the research has shown is that generally, really, as much as 50% or more mover, but minimum 30% above that. Also, just like you, Josh, I’ve got a standing on the shoulders of giants. A lot of former trading champions and in folks who have been big trend traders have used this as a level. And I’ve tested others, but that tends to be kind of the jump off point. Anything below there can really just be chopped.

3. revenue growing by at least 25% year over year

Revenue is just a fancy finance word for sales, okay. We want dollars coming in the door. We want them to make more dollars this quarter than they did this quarter last year. We want large increases. When you look at stocks that have run 500, a 1,000, 2000%, generally, almost every time, they are growing their sales. And usually, their earnings as well by 25% or more. Today, I’ve kind of focused more on sales than earnings because so many of these companies… The market is different than it was even 10 years ago, especially 20 and 30, when you got your Teslas, your Facebooks, your Snapchats, your… what is that? Uber.

These kind of companies will often show no profit for the first two, five plus years, but we’re looking at sales growth. So you want to see something behind. Well, I’ll give you an example. Anybody remember this? When Kodak came out and said, “Oh, we’re…” during the Trump’s administration, that they’re going to start making generic drugs. Before that, they came out, said they’re going to make a cryptocurrency. It’s just a flash in the pan. Look what happened to Kodak stock. The stock jumped 2700% in two days or three days here. But there’s no reason for it. They weren’t growing their sales. There’s no fundamental reason behind it, other than just a flash in the pan news story. Anyone who chased this suffered a pretty big fall over the month going forward.

4. Stock Surge Score: Stocks going up for a reason or going up more than other stocks.

This is very, very, very important, When you have a bull market, I mean, with the exception of last year, for what, 11 years now, Josh, 12 years, something like that? Everything’s going up, okay. Everything’s climbing higher. So you want stocks that are advancing at a pace above the other stocks, okay. You want stocks that are not just going up, but going up more than everything else. That shows relative string. That shows momentum in excess of what is just going by the market, okay.

When, the Dow jumps 1,000 points in a day, almost everything goes up. When the NASDAQ and SP, they’re all climbing, but we want it going up a good deal. So I’ve used something known as a stock surge score. And what this is, it’s kind of relative strength, only it’s ranked, not just against the index, but all other stocks in the database. And what that allows you to do is find that upper percentile of stocks that are advancing beyond what others are. I look for score 75 or above. Really 80s and 90s is even better. So if a stock has a surge score of 95, that means it has price momentum is going up at a greater rate than 95% of other stocks publicly traded stocks.

And my score kind of ranks it by quarter, and then adds weight to the most recent quarter. So we want stocks that’s going up. Again, I’ve talk about this a lot, the short, medium and long-term so one over the last three months, last six, last nine last 12. But the last three months, the last 12 weeks are weighted additionally, because we want the stock it as running, but again, really running right now, and that’s number four.

5. Stocks that are going up on heavy volume

And the fifth thing on the watchlist we look for here, stocks that are going up on heavy volume, okay. We want stocks that are going up, not just because no one trades it in a couple of guys on the red, it started bidding it up, but we want to see surging volume. We want to see piling into this stock to identify these as a custom money flow indicator.

And this is kind of like relative strength, only it’s weighted by volume. So you’d take a certain session. This is what the formula looks. If any of you guys are a big data junkies, want to dive into this are math major smarter than Josh and I. But essentially, it volume weights the performance, okay. So the stocks up, but on not much volume that doesn’t weight as much as stock that moves on two, three, four, five X, the average volume

That’s the five criterias

So that’s the five criteria. Again, try to make it simple before we make it more complex. Number one, who wants this triple money. We want the 50 day average above the 100 day above the 200 day to stock on top of that. Number two, we want a stock that is making a decent move when it at least 30% up the 52 week low. So it’s a stock that can move and has been moving. Number three, one at going up for a reason. We want something behind this surge, other than hopes and dreams and fairy dust, which propels a lot of these small stocks and that reverse right back to the other ways. We want revenue growing by 25% or more. We want a stock surge score above 75. We want the top 25 percentile of stocks are those advancing at a faster rate than three quarters of the market. And then that money flow ready above.

How do you calculate your search score? When you say 75 out of 100, how do you calculate that?

So what it looks at it, it takes a relative strength reading. Again, it’s gauged against around 5,000 stocks in a database, all right. And we take a relative strength rating, and it compares that, meaning that the price minimum against the other 4,999 stocks, and ranks it anywhere from one to 5,000. And it does that for quarter one, quarter two, quarter three, and then quarter four, the most recent quarter. It puts 40% of that weight on the most recent quarter, 20% on the last three. So what that does identify those stocks in the upper echelon that are advancing higher and especially over the last couple of months.

How can you read the money flow indicator?

I’ve showed you that formula, but the money flow indicator is something anybody can access. You just want to tweak it to 50 periods and adjust that out. The stock surge score is similar to a relative strength rating. You could find it at MarketSmith. For revenue growth, or pretty much any of these fundamental screeners will show that on a screener.co and do it. Again, I use a MarketSmith Screener for a lot of this stuff that shows soft score on revenue, 25% or more. There’s several places you can do that in

Is this specific for equities? Just stocks or does this work for ETFs? Can you use this and then instead of trading a stock, can you use the option for all markets

this is primarily focused on stocks. Again, I’ve seen a couple of questions about cryptocurrencies. Cryptos don’t really have anything behind them. It’s not a company with sales. So the research is all focused on stocks. Stocks have been trading for over 100 years. There’s plenty of data to study. Cryptocurrency are two, three years old. So we don’t have research on what makes a solid cryptocurrency. And we really not going to know that until we find out how these things hold up. As far as the options go, yeah, if the stock is optionable, obviously that’s an option. A lot of the stocks I find are smaller off the radar stocks, maybe they’re 2, 5, 10, 12 dollars stocks. Some even cheaper than that, I’ll show you an example of one I got into. It is around 50 cents rant of $5.

Not that you don’t need options, but if you want to use options for these yes. And basic rules I cover using options. I look for those anywhere from three to six months out. I want to see implied volatility below 40 or 50% to find out a Delta somewhere in the 20 to 35 range, and that’s kind of some basic criteria for identifying as long call options.

So once we’ve identified stocks that are trending in our favor, we’ve got stocks that are going up, they’re going up. Their short, mediand long-term, they’re going up for a reason. They’ve had a decent move of the year, etc., etc. We want to identify that breakout, that moment when the stock really begins to take off, where you can capture the quickest and largest percentage gain. Obviously, there’s risk involved. These stocks are guaranteed to go up, but if you can kind of methodically place your entries, these key resistance levels, you can do so and limit your risk on a stock to maybe 8 or 10%, and still the potential to make 50, 100, 200 plus percent on the stock. So it’s a three-step process. When I look for breakouts, very, very, very simple, but each of these components is necessary for a large sort of digital for a big move. Okay. Let’s walk through these.

Step one.

The stock is traded in a range banner, what I call acceptance area with decreasing volatilities. What that means is, the stocks been range-bound. It’s in a channel. It’s trading between 6 and 7 dollars, bouncing up and down. And the dips are getting shallower and shallower and shallower. I’ll show you what that means and what it looks like here in just a moment. Step two, the stock breaks out of this range. Okay. So it’s been running it becomes range-bound. It breaks out of that range and closes the day above that resistance level. So it breaks out and it stays out. Okay. And number three, this breakout occurs on very high volume. We don’t just want something that’s kind of teetering out, but nobody really believes in it. We want to see folks piling into this stock. We want to see surging demand. We want to see a surging stock price. Preferably if I can get it… I want to see five to 10 times the average daily volume. I’ll show you my chart. Easy way to see the average volume where we are, okay.

How to create the watch list.

We going through that locating the breakouts. I’m going to show you a demonstration now. I’m going to walk you through those three parts of just shows you, to kind of walk you through what this looks. So you know what to look out for in the future. Okay, buddy. Ready? Marianne, why do you choose out of the money options? Simply because the percentage returns are the best Marianne. Yeah. When you’re buying in the money, you’re literally just buying leverage. By buying out of the money option I can get one for 60, 70 cents. They can go a four or $5. Okay. So step one, the stock traded in that range-bound acceptance area with decreasing of volatility. This is what that looks. Okay. Do you see now I’m ways zoomed in on this, but do you see that range between 30 and 40 cents? And this is what I mean by that decreasing volatility. See these dips get shallower and shallower and shallower and shallower, right? 30%, 25, 17. Now don’t take this to the penny. If one dips 25%, next one is 26, that would work. I mean, this could be 30 and then 10 and then 4, occasionally see a little shake out the end, but this is the overall pattern you want to see.

All right. And what this is showing you. The reason I like to decrease volatility is it often represents the stock transferring from weak hands to strong hands. All right. So what does that mean? What are weak hands and strong hands? Strong hands are institutions in hedge funds and folks that are buying up a big, big chunk of a stock. They’re not going to get shaken out. They want to hold it for six months, a year, two years down the road. And they’re not even watching this thing what it does day to day, right? That’s strong and it’s not going to be stopped out. Weak hands is me and you and Josh, right? We’re not going to hold the stocks if it falls 90%. I’m just not going to let it happen. If this thing falls 10, 12%, I’m out. I’m out.

And so what these represent is the thing… they kind of shake out, traders. You people talk about all their chasing my stock. They’re running it down, not always the case, but there is some truth to that. These high-level operators will sell a big chunk to drive the stock down and nobody is going to stop a bunch of people out and they buy their shares on those stops. They do it again and again. As it gets shallower and shallower is less people selling and you’ll often see the volume decrease. Look at the bottom of this chart, that volume is going lower, lower, lower, lower that’s because the stock is getting bought up from those weekends, consolidators simply less shares out there. All right.

How long do you look for this consolidation period? Is there a specific amount of time? Is it a day? Is it a week? Is it a month? Does it matter?

If I can get two or three months, that’s ideal. This one right here is about three month period. I want to see it happening for at least four weeks, if I can. So I want to… I don’t want to range bound for two days. It doesn’t really count. I want to see it kind of staying in a range for at least a month and preferably two or three months. Yup. Good question. All right. So that’s step one, right? Range-bound decreasing volatility, anybody following on that? Any questions? Not really the way to scan for this. Just kind of got to measure it. And Josh, how to use a little measuring tool in TradingView, which we can walk through

Step two.

The stock breaks out of that range and closes above that upper resistance. So here’s step two. This is the zoomed out view. You see, this is that… remember that dip I showed you? It was 30%, 25, 17. This is what it looks zoomed out. And notice the stock breaks out of that range. It started here. It didn’t quite get out and then closed up above it right there around 43 cents. Okay. That was the trigger on this trade and I actually  sent a video out to folks that, “Hey, here. I like this. Get in.” It was 45, 50 cents at the time. it’s kind of where it began buying it. Okay. That’s step two. And everybody remembers step three. It happens on high volume. We don’t just want to breakout. I want to surge in volume. Look at this. Again. decreasing volatility, range-bound, breakout, closes above it, and it does it on big volume. This was eight times the average daily volume. It got up to 15, 20 times volume and just really started to take off.

 This is what a textbook set up looks. And again, this is a trade. I’m not trying to brag on I find every one. It just one I found and a lot of people too. So it’s easy to come back and show you guys and not say, “Oh, I found this in hindsight.” Now, it was an actual trade set up that I gave an alert on. Now here’s the result of that trade. This is from just this last year. Okay. They alert us and it was in September. The run-up kind of completed right at the end of last year. And the stocks, actually trying to make another run again. The stock is mine med, by the way, it’s one of those psychedelic Canadian companies focusing on these sort of Eastern treatments for depression and anxiety. And these a lot of promising research there. And I’ll show you how I traded. I didn’t put a big position on it. Put a couple of thousand dollars in the stock. Joss, you never know the ones that are 10X on. If I knew that I’d put all the money in it. but it’s this kind of how I traded it. Just to give you an idea of what I do.

So it ran from September at around 50 cents, 45 cents at that breakout to just over $5 in December, about three month run up here. The stock 10X. Yeah. Microdosing. Exactly, exactly, Thomas, what they do. So here’s why traded. I bought a 57, planned to add a little pull back. The next day I kept searching some button, a thousand shares, and I generally do is sell into strength on the way up. it’s easy to look at this chart and say, “Man, you should have held the whole thing and sold it all up there.” Yeah, that would have been nice. But what would would’ve been awful is to see the thing run up and then roll all the way back over and you didn’t take any off. So I’ve got this doc. I think my average cost basis was what?  Been 64 cents, 63 cents, something that. The stock had just about doubled here on a sergeant’s breaking a high, took some off. Ran up another a hundred percent, took some off, took some off, big cycle a few days, took some off and and sold last little chunk up here at around four 70 two-ish before the thing pulled back. So I think my average returns are few hundred percent on this one, but again, if you can triple, quadruple your money in a couple of months, and you’re only risking 10, maybe 15%, the downside of these trades, you don’t have to be right. A whole lot of times to have a pretty good track record.

Does the price matter? So are you looking for things under $5? Will you approach this the same way if it was $20, $30, $50?

when it comes to price, most people know this some don’t stock price is not necessarily indicative of the size of the company. you could have a $1 stock where the company’s worth a crap ton, more than a $20 stock. It depends how many shares they have. But I generally like stocks that are sub $20, especially sub $5, just for some reason, psychologically, I feel people are… if they buy a stock at four and it wiggles to three, or it goes with three to four, they think, “Ah, it’s a dollar move.” But if you bought a stock at 75 and it went to a 100, you’re more inclined to say, “I should take some profits.” So you tend to see larger percentage moves in a lower price stuff. I will not restrict as stock as high but when it comes to 80, 200, 300 dollar stocks, I don’t really mess with them. I want to see it if I can 20, 25-ish bucks and below, but I don’t only look at these really low price stocks.

When you get your entry and you have your setup because these are daily candlesticks, how long are you in the trade, weeks, months, type of scenario, years. And then along the way, are you monitoring fundamental announcements as they come out?

So as far as how long I’m in the trade, I would say in general on these… and it’s going to depend on the market if anything’s trending really high and they just surging up, I’m not going to sell. I’ve got to talk about that in a second. But normally on a breakout, the great thing about trading these breakouts is, you know very quickly if it’s working or not. Either it went up, but it stayed up and it stayed above that breakout range or dip that failed. It’s coming back and you’re out of the trade within a couple of days. So if things are pushing higher, generally 15, 20 percent, I’ll begin peeling some off. I mean, if it’s just kind of creeping up higher, I’d probably take half. If it’s surging really strong, higher, I may only take a quarter and then take another piece. You see where I sold here kind of on these surges higher. I like to sell into strength. It looks I really timed it well. I knew what I was doing, but again, you really just selling strength.

As far as how long to stay in it, all you can do on these, because you’re off at a new highs, you want new resistance levels, is monitored the behavior of that stock. I’m going to stay in that stock as long as it is acting the way I want it to act. When that behavior changes, I am out, whether I’m up 15% or 115% or 315%, I’m going to stay in it. So what does that mean? Very simply. We want to see a couple of things. So one, I want to see more green days than red days. I want to see more green candles than red ones. I want to see it go up more days than it’s down. Right? So we look at where is starting, on the 16, here we go. We got one, two, three, four, five. Five out of six days. We’re up, good sign, pulled down. And then one, two, three, four, five out of six days up, pulled down. Anytime it pulls down, I want to see a ping pong reaction. If it’s down, I want to see it within a week, maybe a week and a half back up making new highs.

So it’s not necessarily a timeframe of saying, “Hey, three months, one month, three days.” It’s more of saying. “As long as the condition is there, and as long as it’s continuing to make money, you’re going to hold it in theory forever.”

Webinar Picks & Trade Ideas

I’ll show you a couple of stocks in my special report. We’re just going to blow through these, but I really want to show you some examples you can get into right now.

What have you done for me lately? Right? Give me some stocks I can trade right now. Here’s one on that. And again, this report’s put together a couple of weeks ago, so we’ve had a kind of an ugly period here the last few days you can see on this chart. But this is one power re ticker symbol, PW (Power REIT) as you can see our moving averages lining together, volume increasing. We had our money flow indicator above 50 is beginning to pull back here that read the 200 day moving average, kind of your line is the same, is actually up a little bit today.

 Watch this one for a breakout above to new highs. We get that on big volume could be a second run in PW (Power REIT). That’s kind of the formation. Notice that tightening, that consolidation there. Again, it broke down here yesterday. Sometimes you gotta let these things go because when the market just takes an absolute dump, it takes everything with it. But you see that kind of diminishing return… the diminishing volatility there. Here’s another one Zack just kind of bouncing off the hundred day, moving average, a surge score from 99 out of a hundred. So price movement spectacular. Well, this November is the $3 stock. It just hit what 16, 17 bucks last month. Notice the consolidation, see that, that resistance level we’ve got there. And then look at this, that’s my beautiful drawing with a mouse, but notice that the shrinking volatility I was doing there.

If I get a break above that resistance edge, definitely want to look out for to send an alert over that price. I think it’s around 17 bucks, something like that, new highs be get my attention. And then Bluelinx is another one. This one’s kind of taken off again. I apologize. We put this report together what maybe two weeks ago and this thing is just really making a run for it. This is a log scale charts. The last few days it’s actually run from 52 to $68. And again, we kind of have the same sort of thing there that shrinking volatilities, we get tighter and tighter and tighter and tighter. And then look at the volume down there below the stock chart. See it’s surging there just last few days that broke out. That’s exactly what we want to see. So whoever was asking, “Hey, is there something we can do in two, three days?” This is what it looks like. You get that breakout, the stock runs in this case. It ran what I don’t know.

Dean said, the they took the trade and went up $14 in three days.

Good.Dean Smith, see that trade went $14 and three days, good job Dean. So yeah, $14 on this is what I don’t know, 25, 30% run in a couple of days. So if I see a surge like that I going to take some profits off. I’m gonna take some off the table. If you want to get out completely, you can. Okay. But, Oh, I’ll show you one more. This is more than just triggered last week. It was on my radar to cover for you guys in this webinar. And it just hit a little early. Thomas the charts you’re seeing are from TradingView. This is a BGF, the big five sporting goods court. Notice the trend we see here. Okay. Remember, we’ve talked about, this is from January up until two weeks ago, you see the dips are shallower and shallower and shallower and shallower there.
See where now the resistance line is not a hard… it’s kind of trending up as the dollar. So you’ll often see it’s normal. Stocks are trending higher. And then look what happened there. It broke the resistance on a big surge in volume, 10, 12 times the average daily, it started to run. It broke out whether you got into this thing, it was… excuse me, 20, 22, anywhere in there. I think ran to $34 over about four trading days, about a 73% surge from that stock. You got to see why I don’t really… you always need the options. Number one, You’re small and don’t have options. Number two, you usually don’t need them.

When you send your watch list, essentially what you’re doing is you’re saying, “Hey, these are the ones to watch. These are the ones that are surging. Because this is textbook. It’s above your three lines. You have the volume surging you have to break out and then you have to follow through.

Exactly, exactly. And that’s what I’m trying to do is put pun the his docs front of you. Cause the thing is, if I put it, you guys don’t know this side of our business works, but let’s say I write a things. Are here’s the stocks I’m watching. I write it up. Josh has a fantastic team on his side, which goes through and say, “Ross, you’re an idiot. And can’t spell, let me fix this for you.” Then they go put it on the interwebs, which I don’t know how to do, they have the souped up email program that be shortened to make sure it gets delivered to your inbox and hit your spam filter. And it arrives to you and looks pretty and beautiful. That all takes time. Okay. So I can’t say, “Oh, it’s breaking out right now.” And then you get the thing tomorrow and it’s already run 20%.

So what I do in this watchlist, this is try to tell you, “Hey, these are the stocks I’m watching.” So for example, this is what I will let about two weeks ago and say it’s setting up. I like the formation. Is it going to trigger? I don’t know. It might. And it might not. It might fall out of bed. Luckily, you didn’t buy it. But I was like, “Here’s what I’m looking at. Here’s what I want to see broken. If I get this, it could be a good one.” So you may set an alert like on TradingView, for example, you can right click. And it said alert. And let me know if the stock goes above $18 or something, it’ll text you and pop up on your screen. If it does that, okay, it’s a volume surge and we’re getting all those things and this is the kind of trades we’re looking for, okay.

On this chart specifically, where would you enter in?

So this one’s a little tougher because it ran up so much higher. This one I would have cheated on. So when I say I want it to close above, what I say, when it above resistances when it starts inside that range and just gets above. This one gapped up above that range, as you see first thing in the morning. So on that one, I’d be more inclined to go ahead and take before I let it close, because if I’m looking at the daily volume, and it’s 9 o’clock in the morning, well, 9 Central, 10 Eastern, and I’ve already seen the average daily volume trade in the first 30 minutes. I know I’ve got a surge in my hand. So I might go ahead and take this one, call it 22ish, 20, right around in there. I’m going to think really never win against you.

Ross Givens
Ross Givens

I bought my first stock when I was 12 years old. It was Microsoft. I’ve been a registered financial advisor. I’ve worked as a stock broker. I ran a managed fund. I was a Vice President at JP Morgan with Series 7, Series 66 and Series 3 securities licenses. I’ve been featured on Fox Business, CNBC, Bloomberg, and a bunch of other networks. The only thing I enjoy more than making money, is helping YOU make money.

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