Category: bottoming pattern
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Chart of the day: GTLS
We have been swing trading the bottoming formation in commodities since December and now the formation has matured to the start of a possible trend move. GTLS is a good example of a commodity stock ready to start a momentum trend. It looks to have put in a bottom formation…
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How to identify explosive bottom formation breakouts
Every momentum stock starts from a bottom formation breakout. Back in November we started talking about Gold Miners as a potential bottom formation trade. Study this chart carefully and notice the positive volume as gold miners put in a bottom formation, the remount of the 50 dma and successful…
Paul J Singh 