It's not a perfect day three surge example, but no two stocks or charts will ever look the same. Instead of looking for the most perfect pattern, think about the reason behind the move.
Where buyers enter a stock and shorts exit.
WWE had a big day one move, then instead of picture-perfect consolidation into day two, it pulled back. But on Monday with the red-to-green move, it reclaimed that upper consolidation area.
Then it was poised for a day three surge breakout over the day one high.
It wasn't a huge move — it needed more volume to get explosive. But this is just an example of how you can trade the same stock multiple times.
You can trade the patterns, get in and out, and take your potential profits to use for the next trade...
Or since this is a 'real' stock, you can swing trade it as long as it's in an uptrend and you have the right risk level.
I go over all these patterns and trade ideas daily in the SteadyTrade Team.
But if you want to learn a new way to trade these 'real' stocks and still catch some impressive percent gains — keep an eye on your inbox for some exciting news dropping this afternoon!
Have a great day everyone! See you back here tomorrow.
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