Swing Trade Routine - Update 2

[vchandra11 8]

Here is sample graphical analysis of ADBE with Rectangular Base Formation. 

A point to note is that bases take time to form. Bases may take several weeks to several months or longer to form, but with a Watchlist made of stocks from several Sectors/Industries, we increase our chances for some good base formations during the year.

If someone has preference to particular Sectors/Industries then they can trade in same. Hence , there is lots of flexibility for individual traders to suit their requirements/commitments. This leads us to ensure that we have flexibility in our stock screener.  Also you will need to identify typical earnings, sales and equity growth figures for that particular sector/industry.

Coming up next: Double Bottom Base Formation

Food for thought: checkout AAPL, IQV, ASML, DKS, HSY, PKI, WELL, LOW, XLK, SPY, QQQ for current chart pattern formations.

Typical Graphical Analysis - Rectangular Base - Before Trade.pdf Typical Graphical Analysis - Rectangular Base - After Trade.pdf