Swing Trading Candlestick Patterns Signal the Coronavirus End
Certain sectors and stocks are making all-time highs, but there are many more lagging because of the coronavirus scare affecting their bearish fundamental connection.
Restaurants, cruise lines, airlines, casinos, hospitality/hotels, and theme parks are all at the top of the restricted list, and that will be returned to as the scare ends.
Many of the stocks in these sectors are bottoming on Multiple Time Frames that we will share with you in this week’s MT Live.
Those bottoms patterns signal the coronavirus effect is ending, and an improving economic environment is coming. These price patterns are setting up for excellent reward-to-risk stock and option trades for swing and core trading as these sectors and stocks play “catch-up” to the leaders. Last week we started giving our subscribers trading ideas in the best-looking setups that we will share with you in this week’s MT Live.
Tune into this week’s Master Trader Live on 8/19/20 at 12 ET
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