At this point, i could care less what the indexes do(most likely move sideways or slightly higher short term), the setups that are popping up in my scans are extremely encouraging from a bullish perspective. Gonna focus on playing individual charts for the time being. Buying weakness in strong names continues to be the most consistent winning strategy.
If it ain't broke, don't fix it.
Trade em well!
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ReplyDeleteStewie,
ReplyDeleteThanks for your site and the set-ups.
I wanted to get your opinion on volume studies to gauge the strength or probability of a breakout. Have you found any edge in using them? See the example of the failure of NUE to break out and the OBV divergence. I see the same OBV divergence forming in TAM.