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3 stocks that the market can’t hold back

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weeklymoneymultiplier.com

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NathanBear@weeklymoneymultiplier.com

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Sun, Jul 26, 2020 04:31 PM

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Information Overload Can Stop You Dead In Your Tracks The Best Way To Sift Through The Noise And Fin

Information Overload Can Stop You Dead In Your Tracks The Best Way To Sift Through The Noise And Find The Truth [I'm an image]( Is Pattern Recognition Discover How You Can Profit Off Repeatable Chart Patterns. [Watch Now]( Hello trader, Last week was a rough one for the bulls. Tesla may have pulled in the last of the suckers...right before the hammer drops. Despite big names like Amazon, Apple, and Tesla cratering, I managed to find one of my favorite symbols to trade. It seems like everytime I trade it, I make money on it. And the setup was there, so I had to take it. And do you know what else? It helped deliver a quick win for [LottoX]( subscribers— on a day the Nasdaq was getting worked. [Alternate text]( [*Can you guess which stock I’m talking about?]( *See disclaimer below Get settled in folks, because I’m not just going to give you my best trading idea for next week. I’m giving you my top 3 trades! And lest you think I’m joking… I already took long positions in the first two. So who is the mystery stock to start us off? Roku (ROKU) Ohhh mama! Have you ever found love from a chart? One that makes you reconsider your life choices? Well, that’s how ROKU and I met last year. One of the most traded stocks in my portfolio, I managed to snap up profits on this symbol on many different timeframes through 2019. Yet, we grew apart in 2020. So, I was delighted to see it glowing on my screener for my TPS setups. And man, does it have a beauty of a chart to work with. [Alternate text] ROKU 195-Minute Chart In case you’ve been hiding under a rock (or just joined my newsletters), let me refresh your memory on the TPS setup. A TPS setup (developed by yours truly and the foundation of my teachings in LottoX), contains three critical pieces: - Trend - Primarily, I select stocks in established bull trends. Ones near their all-time highs work the best. ROKU illustrates this wonderfully, as the black arrow draws you along the upward path. - Pattern - Like many traders, chart patterns hold a special place in my strategy. I’m not exceptionally picky. All I want to see is a trendline connecting the tops and bottoms of the candlesticks (like the solid black lines) converging on one another. - Squeeze - My secret ingredient, the squeeze occurs when the Bollinger Bands move inside the Keltner Channel. Inside the orange box you can see the red dots that signal the squeeze. Green dots indicate the release. Here’s something interesting with ROKU. You can also find a TPS setup on a lower timeframe. Check out the 78-Minute chart. [Alternate text] ROKU 78-Minute Chart Many new [LottoX members]( get confused when they see a setup on the same stock on two separate timeframes. Believe it or not, both of these are valid and should be treated independently. To illustrate this point, I want you to look at how I drew the setup BEFORE the current one in this same chart. The prior setup uses the orange trendlines with the squeeze in the black box. When the red dots turned green, the squeeze fired. That pushed price up towards the upper end of the range, which is where I would take profits. I can do the same thing here with the 78-minute chart if I wanted and the 130-minute chart. The key is to look at both separately. Restoration Hardware (RH) Warren Buffet isn’t the only one getting in on the action here. I’ve been heavily involved in this stock lately, seeing a lot of action and TPS setups come and go. So, it should be no surprise that I found a lovely one to get into at the end of last week. [Alternate text] RH Hourly Chart You can see on the hourly chart how it’s got all the elements of a nice TPS setup. Go back a few days and you’ll see a similar one play out that fired to the up side. On the chart, I drew a blue box. It highlights the low of a candlestick that I ignored when drawing the chart pattern. Let me explain this. Chart patterns have rules. But, it’s also part art. The idea behind a chart pattern is that it identifies contracting price movement. Seeing that happen once, and on the wick of a candle and not the body, isn’t enough for me to dismiss it out of hand. That’s why I give it a little leeway in how I draw these patterns. Wayfair (W) Last up is another momentum name that’s done quite well despite some negative headlines. This TPS setup is a little less pronounced but still viable. [Alternate text] W 195-Minute Chart Using the 195-minute chart, I found another TPS setup with a clear uptrend, price pattern, and squeeze. What makes this slightly different is the width of the pattern. The trendlines are running almost parallel, rather than converging quickly. That’s ok. As long as they don’t move away from one another, I’m fine with the setup. Rubber meets the road Looking back at these charts, you’ll notice how the previous squeezes in Wayfair and Roku aren’t as explosive as you might think. That doesn’t matter to me. Using my TPS setup and strategic entries, I learned how to turn profits on even these smaller swings over the years. And it’s something that you can learn about as well. Join me in my upcoming [LottoX webinar]( where I demonstrate how I use this setup to trade profitably over the long-run. [Click here to learn more about LottoX.]( [Image] Nathan Bear [Special]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Click Here to stop receiving emails from NathanBear@weeklymoneymultiplier.com]( [Unsubscribe from all RagingBull emails]( DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securitiesregulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and itsemployees may purchase, sell, or hold long or short positions in securities of the companies mentioned inthis communication. If you have a current active subscription with Weekly Money Multiplier you will need to go to your subscriptions list inside the RagingBull Dashboard if you want to cancel your subscription. Opting out of emails does not remove you from your service at WeeklyMoneyMultipler.com.

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