Base Breaks are my favorite patterns, you gotta learn it and we play it in the online live trading chatroom all day. Yes, the HITS keep coming. Another gap down day in the markets $SPY $QQQ. With initial momentum to the downside, I scanned around for weak names across the board and came up with a few names but $LXK is the name which trigerred and yours truly, jumped on it as usual.
$LXK was an easy 5R reward to risk trade, do this a couple of times in the day in a week and you should be good. This is what we do in our live daily trading chatroom. Come check us out.
My previous Market Calls
dchsn6
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