Stock Market Sets Up Increased Volatility After Weekly Pause 4-27-20

Stock Market Sets Up Increased Volatility After Weekly Pause 4-27-20

The stock market traded into a consolidation last week setting up a week of volatility.

I believe this weeks trading opportunities will be fantastic.

The IWM, Russell 2000 shows two consecutive inside weeks, so scanning for explosive small cap stocks this week is smart.

At the top of my list is ROKU. The stock price paused after a bullish momentum rally.

The "bull flag" also shows us lighter volume which implies the stock price trades higher this week.

Today's stock picks include a review of 17 new trade ideas.

jeff clark trader

Trading Game Plan 4-27-20

Stocks that top my list today include those with above average volume traded on Friday.

But that's not enough to make the list, the stock also needs profit potential.

Four stocks that meet that criteria include; W, CRWD, KMX and BYND.

In today's video I also discuss why some traders do a poor job setting up risk/reward numbers.

Avoid this mistake and you'll boost your bottom line simply by choosing better trades.

If you have any questions or trading challenges you need help with, leave a comment.

Have a great day.
Be safe.
Pete

Pete Renzulli
 

Click Here to Leave a Comment Below 1 comments
Andreas Diefenbach - October 4, 2020

Thanks , I have just been searching for info about this subject for ages and yours is the greatest I’ve discovered so far. But, what about the bottom line? Are you sure about the source?

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