TraderstewiaAssistant
49 posts


There are times when traders have to adopt a less offensive strategy and adopt a more defensive approach to stocks/market.
Don't need to be All in, All the Time.
Calibrate your market thermometer to recognize when "good patterns" start failing and acting accordingly.
Take profits off quicker than usual.
For example, if you normally book gains after 10% to 15% bursts, take em off now at 5% to 7% bursts of momentum. Take losses early when needed to control bleeding so that a routine cut doesn't become a Class IV hemorrhage.
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#1 on the @IBDinvestors IBD Top 50 list!
#MU twtr.to/_siQT
Awesome multi-week consolidation pattern emerging here in $MU that's been bobbing and weaving along the 50 day MA
Look for an upside breakout this week!
Targets $1100 to $1200
#IBDpartner

Traderstewie@traderstewie
Love the way $MU closed today! twtr.to/_siQT A mini ranged "resting candle" after yesterday's huge bullish hammer reversal candle. Look for big upside follow-thru tomorrow and/or Thursday! #IBDpartner
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