Explosion Gap Pivot, $TMDX $PI & $WING
These 3 stocks look like leaders, and all are making the same patter.
The play is simple, wait for a throwback from the gap and then buy the close above the high.
The thing is that as they are all real moovers, I'd try staggering stops. Is the best way I know to manage risk in stocks with hihg volatility.
WING is the first to breakout but with a doji candle. That is not very convincing.
I'll wait until near the close to see if I start with a small position.
The play is simple, wait for a throwback from the gap and then buy the close above the high.
The thing is that as they are all real moovers, I'd try staggering stops. Is the best way I know to manage risk in stocks with hihg volatility.
WING is the first to breakout but with a doji candle. That is not very convincing.I'll wait until near the close to see if I start with a small position.
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