In addition to the market short-squeezing, many names popped on earnings. It’s nice to see, and maybe we have a change in the market form, but it didn’t provide legitimate setups for most traders. This is because most of those stocks were in downtrends until the event of earnings changed that. Now, we must be patient for appropriate entries, assuming the market stays strong and this wasn’t a bounce in a downtrend.
Your Profit Pilot,
TG Watkins
