A list of stocks that can be bought right now because they are in new trendy price moves that have a ton of potential (according to Elliott Wave). Only take a trade if you can handle the risk of the trade. The risk is the difference between the stock's current price and the stop loss level and represents the amount per share that you will lose if the trade goes the wrong way. Never risk more than you can afford to lose.
trade entry: If the stock is in this list, it can be bought right now or anytime as long as the current risk is acceptable to you. Once you buy the stock, enter a stop loss order where indicated to keep risk as small as possible.
trade exit: There are two exit strategies; exit at the price target, or exit only when the stock moves below our trailing stop loss level.
stock (ticker) |
time frame |
price target |
stop loss level |
name of stock including its ticker |
the estimated amount of time it will take for the stock to achieve its price target; based on the time the previous trendy five-wave move took
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estimation of where the new trendy five-wave move will complete based on the move being the same size as the previous five-wave move
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Enter a sell stop order with your online broker at this level; if hit we must exit the trade because either the move is over or my Elliott Wave count was wrong. This level will be improved as frequently as possible to keep risk as small as possible.
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