This stock looks set to explode higher
Today’s Chart of the Day looks at the TradingMarkets
Explosion List.
An inherent feature of all markets is
that periods of lower-than-normal volatility are usually followed by periods of
higher volatility. These stocks are trading at one-third or less of their normal
volatility and therefore have a high likelihood of exploding within the next few
trading days. To improve your ability to apply this knowledge,
click here.
Trinity Industries
(
TRN |
Quote |
Chart |
News |
PowerRating)
With TRN trading above its 200-day
moving average
and having a
PowerRating of 8, it could be worth a closer look.
In the days to come we’ll show you more of these examples on both the long and
short side. I’ve enjoyed showing you this Chart of the Day, please feel free to
email me at editor@tradingmarkets.com
if you have any questions or comments.
Ashton Dorkins
Editor-in-Chief
Reminder: We are in no way recommending the purchase or short sale of these
stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions,
price patterns and risk; our information is designed to contribute to your
understanding. Controlling risk through the use of protective stops is critical.