Bull Flag Breakouts

Published 10/29/2015, 04:14 AM
Updated 07/09/2023, 06:31 AM
SPY
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REGN
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”The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.” Jesse Livermore

A great breakout today with many stocks working very well and all our positions are doing very nicely so far, which is rare.

Usually there are a couple that don’t work but so far, so good with Regeneron Pharmaceuticals Inc (O:REGN) up over $40 from my buy last week.

There are still a few seats left in my Real-Time Trading Group so you can get instant alerts on any trade I make, buy or sell, and the positions sizing and stop area I’m watching.

It’s now only $200 until the end of the year so do not delay and join me in these nice winning stocks.

I didn’t do much in terms of trading all summer but we should finish the year off strongly.

You don’t need the markets to be in your favour for long to make it a great year and that plan is working out so far.

SPY Daily Chart

SPDR S&P 500 (N:SPY) is breaking out well on above average volume.

Next resistance remains 210 and the market is in our favour.

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