3 Stocks to Watch for a Sweet Spot Entry
Buying an uptrend stock at a dip is ideal for traders and investors. Is there a systematical way to accomplish that? That’s what AbleTrend users seek to do and we call it Sweep Spot Entry. Here are three stocks to add on to your watch list.
Benefits of Sweet Spot Entry
- An uptrend is on its way or has established;
- Price retraces to AbleTrend support levels;
- Risk is greatly reduced by entering the market near the support levels because your stop loss is just under the support dots;
- You will know if the position direction is right or wrong quickly;
- Greatly lowers trading anxiety by knowing the calculated risk for the trade.
Stay on Top of your Stock List with AbleTrend AutoScan
You can create a few lists to watch, such as “Watch List for SSb”, “Watch List for SSs” “Current Positions.” With AbleTrend AutoScan you can glance at your list effectively, that is quickly find stocks that are ready to buy, ready to take profit; or need to exit right away. You will never miss any opportunities and you will cut down on letting losing trades go too far. With simple clicks you see the clear buy/sell signals along with support levels for each stock you hold.
Markets are ever-changing but AbleTrend rules remain the same. Practice one Trade Setup and Outcome a day. Taking small steps, not big ones, are the fastest, and simplest way to build success momentum. Ready? Here are some Trade Setups and Outcomes with AbleTrend indicators applied.
With Warm Regards