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Ross Givens
Stock Trader & Educator
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As regular readers know, a “high tight flag” is an extremely rare, bullish chart pattern. They typically form after an explosive move higher in a stock’s price. Specifically, when looking for a high tight flag pattern, you need to see a stock climb 100% or more in less than eight weeks. That’s one of the …
The post Why This Rare Chart Pattern is Well Known for Producing….
I’m elated to announce that my wife gave birth to our daughter last Sunday. So far, she seems to be the good luck charm this market desperately needed. Last week, the S&P 500 saw two 90% up volume days, a valid follow-through day and a bullish break of the recent swing high. It also reclaimed …
The post Watchlist Update: Market Action Points to More Upside Ahead appeared….
I explained on Wednesday that forming a bottom is not an overnight process. I still believe that to be the case. And even with the strong rally we’ve seen this week and this month, I doubt the bottom for the market is going to look like a clean, V-shaped reversal. But whatever the bottom may …
The post Three Reasons Why I’m Calling The Low In The Market….
Even with the rebound we’ve seen in the major indexes over the past few weeks, the S&P 500 is still down nearly 18% since the start of the year. And as the markets have continued to drop, we’ve seen cash levels steadily rise among individual investors like us. According to the American Association of Individual …
The post Here’s What Makes Weekly Options So Powerful appeared first on….
I mentioned in Monday’s Watchlist Update that I think the market is trying to form a bottom. This isn’t an overnight process, and it’s going to take some time before we know for sure that the bottom is in. However, it does seem that a few things have changed for the better in just the …
The post Why The Market May Be Set for an Extended Consolidation….
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
In a Market Like This, Knowing What to Look For is Key
The S&P experienced a decent bounce of 2.6% last week. And since the recent bottom on June 17, the index has rallied as much as 10.3%. However, with the pullback we’ve seen over the past couple of sessions, the index is currently just 7.8% off its low. Some of that pullback may be in anticipation …
The post In a Market Like This, Knowing What to Look For….