You Get More Than One Chance

The best momentum plays will stay in motion, just like Newton’s law of
inertia states. A stock in motion will stay in motion as the herd piles either in or
out of a stock.


10:19:35

Intraday Setup Alert

Lockheed Martin (LMT)
appears to be resuming its downtrend after staging a counter trend rally.

The stock carries a
TM 3-month RS of 17 and an ADX of 31
. LMT is down. 1.03 at 55.35.

 

 

After the alert, the stock falls more than 3 points, giving you
other opportunities if you missed the first one.

The fact that there are other opportunities is a key point.

 

 

Don’t give up on a stock if you miss the first move. If it is
truly in a momentum state, it will provide you with other opportunities.

Until tomorrow,

Duke