The following is just a small excerpt from my latest Weekly Strategy Session (please click on that hyperlink for details about trying it out). which I published for members and 12631 subscribers this past Sunday.
If we do sees a market bounce which sticks, Macy’s and Staar Surgical are long ideas on strength.
But I am presenting them to you on their daily charts in this subsection to illustrate the point of what we would need to see more of in order for the market to become healthier. Simply put, not many charts look like these two, currently, what with their tight basing price action within the context of an uptrend.
If you are looking for another sustained, energetic leg higher in the market, you want to see more charts like these two.
Nonetheless, the continued weakness in the likes of…
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