Now when i was scanning looking for a good opportunity to buy or sell stocks, i came across this stock SBUX
Honestly, i was not expecting it to be the one to buy but then I remembered in my trading studies, that Gaps
Do happen even though they dont happen often
the Gaps are my number #1 favourite patterns to trade
infact that how i started writing articles for trading
Every single week I would look for a stock that has gapped that week, then forecast it as
an uptrend, and by doing this my following grew.
It was a simple strategy honestly i never even traded those patterns
it was just so simple and so i shared the ideas.
And i noticed that most of them did actually go up in price even though some failed, but the majority
of them did go up in price
The 3 Reasons Why SBUX Is Trending Up:
-The stock price has gapped up
-You will notice a breaking news of insider selling
-This chart follows the last step of the rocket booster strategy called "the gap-up trend" which is the last step.
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