The watch List is full this week, with several candidates rolling over from last week, for obvious reasons. As you contemplate the new additions, use the Traders Tip Video # 11 for entry timing or exclusion. We’ll use an example:
AEIS is setting up nicely. Notes are on the chart. In order not to fall into the “do not chase” category, we need another method to gauge proper entry. Everything points to a buy.
Here is Traders Tip # 11 to explain further:
Look at the rest of the entries from the IBD50 this way. Entry points are easier to find and confirm using the very intuitive “Trade of the Day” setup.
Happy Trading,
Vinny
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