I love stocks that are setting up in the Retirement Pattern, especially if it has a few other things going for it.
ET is a great Retirement Pattern set up, and its testing 52 week highs:
Not only is this an immediate retest of the 52 week high, but you can see here that this is the 3rd test going back to June of 2021.
There was also some insider buying recently, which can be a good indication of how the directors feel about the current price. Especially when they’re buying near the high.
The most important thing is that ET needs to show that it can break above the $11.75 level with some momentum.
This is why I love the Retirement Pattern. Not only has it been the most reliable pattern for me, but when you can combine it with other positive factors it can be so powerful.
This pattern changed my life.
I want to share it with you today!
If you want to learn how to find, and trade this pattern I have a special opportunity for you!
Markay Latimer and InvestPub do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
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