Dr. Julie Peterson-Manz reviews the Around The Horn stock action for January 25, and presents trade ideas that still have the possibility of triggering for January 26.
If the pullback in the broad market fails to recover as quickly as other retracements have done, and stocks enter into a more protracted, intermediate-term correction, one of the best types of short setups may be found within ETFs that failed to breakout of bullish consolidation patterns.
The indicators on the chart for the Nasdaq Composite (NDX) are not always reliable, but notice should be taken of them, especially when an index or security is at a multi-period high.
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It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
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