Every Sunday, I send my Market Roadmap subscribers a watchlist of stocks. I’ve built this powerful indicator, and I use it to identify stocks that could move higher, then share those tickers with my members.
But I want to share the wealth with you so you can see how straightforward and uncomplicated these setups are.
You’ll quickly get a sense of how powerful the roadmap setups can be when you take a look at these.
So here are three charts for stocks that I think are primed to move higher this week:
1. UNG
UNG has been a gold mine for me all year since I predicted a big move higher on natural gas all the way back in January and February (if you missed out on that Opportunity Wave Report, where I predict major moves like that in a one-off trade alert, I hope you won’t miss the next one!)
Well, we pulled back and retraced most of our gains, and now we’re set up to keep following that path back higher.
This is reminiscent of a “measured bounce,” which is the heartbeat of my Echo Trades system. Those occur when a stock moves in one direction, then retraces most of that movement and then sets up for a move even higher. Definitely a stock to watch right now.
2. ARCH
Arch Resources (ARCH) also looks set up to follow the path higher with a lot of momentum in recent weeks.
Remember that when I identify these setups, I could care less what the company does or whether the “narrative” supports a move higher. I googled quickly and recognized that Arch is a coal mining company, and since energy is moving higher, that makes sense.
But really, it doesn’t matter to me. If the Market Roadmap is predicting a move higher, I put it on my watchlist. It’s as simple as that.
One final word, though: be careful of resistance here around the $180 area (the red line in the middle of the blue area). It’s hit roughly that area a few times lately and pulled back, so we could see that again.
3. LLY
With the markets all significantly down this morning, LLY looks like it has some strength in the face of adversity today. And it was a Market Roadmap weekly pick. So feel free to add it to your watchlist!
Those are three stocks I identified with my Market Roadmap tools, stocks my readers got sent in an email yesterday as ones to watch this week.
I just go to Tradingview (where I have the indicator coded), pick the stocks that have the pattern that best matches the criteria, which means they’re set up to move higher, and boom — I have a solid watchlist in just a few minutes.
If you want to get that watchlist each week, or you want to add the Market Roadmap to your own charts so you can look for the setups yourself, you can join my program for just $47 here.
Daily Profit Publishing and Jeffry Turnmire do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.
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