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2 Stocks Refusing to Fail

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JBP Momentum Stocks

Hey Guys and Gals,

Just last Friday, I spoke to you about confirmations…

More specifically, I explained that one of my favorite ways to know that a stock wants to go higher - is to spot it failing to go lower where it should have.

I used the below SGOC chart as a specific real-time example of how this works out:

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I noted that based on the morning action with multiple fails and a gradual sell off to below VWAP, the stock looked done and to many traders was either a sell-out or a short.

Yet, it managed to pick up steam in the orange area - a place whereby all logical means it should've failed…

What followed was one of the most impressive low float run ups I've seen recently, as SGOC reached a whopping high of $18.80 later in the day.

Today, I'll share 2 more names I'm watching for their "refusal to fail."

Click here to continue reading…

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Jason Bond

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