Wanted to quickly update the AoT "TOP PICKS" that triggered this week. It was a super volatile week which is very typical of October but as you are going to see the AoT "Top Picks" did quite well despite the volatility BUT you needed to be proactive and work to MOVE STOPS , TRIM gains, and/or actively manage stops losses as many of the triggered setups did work but you needed to be quite involved when the market is swinging wildly from one direction to the other.
Hopefully, they were helpful to you. As always, questions, feedback, comments are welcomed!
CX : a short setup which triggered below $11 and hit the 10.50 first target before reversing on mrkt rally.
GCAP : triggered over 12.50. Ran up about 8% before reversing lower today.
GGAL : triggered over 9.95 and is up about 7.5% since then. Still looks strong.
GSVC: triggered and went up 2.2% before reversing lower as market sold off hard mid week.
MAN: it held up thru out market's selloff and triggered friday morning and ran up 2% . Still looks very strong
TIF: short setup triggered below 75.70 and dropped 2.7% before reversing on mrkt rally.
Here are some other setups that triggered that weren't AoT "TOP PICKS"
VCLK : short setup triggered and felt 7.8% before reversing with market's late week upside move.
WLT: long triggered over $15 and ran up 4.40% before falling on market's early week selloff.
RMD: triggered and is up 3.30% since then. Still looks strong.
SYRG: triggered over 10.65 and hit the 11.00 target and then some!
Check out this video on "HOW TO PLAY The AoT BREAKOUTS"
Here's some cool feedback i got today from an AoT member
"Just letting you know that I appreciate your work and like your short term approach.
I have plenty of successful trades using your work. And, everything goes well as long as I respect the stops on the downside for the ones that don't work out.
Sometimes I will trail stops on winners on part of the position (for a while) instead of always selling out. Obviously, that's good sometimes and not others. In this case, it worked.
As one example, I bought SBGI at 32.15 and sold this morning at 34.01.
Also, you helped me get into NXST just below 37 back on 9/18. I still have part of that position.
I find that it helps to keep an eye on your recommended stocks well after the recommended date. Often, the winners will create new buy opportunities in the following weeks (at least in a bull market).
Yes, I make plenty of mistakes too (my goal is not even to be right 50% of the time), but living to fight another day is the key.
Thanks again for the ideas you generate"
Bill M.