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8 Jan

Swinging HDY For 24% Or $5,718 In Profit – AGAIN!

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Definition of ‘Swing Trading’

A style of trading that attempts to capture gains in a stock within one to four days. Swing traders use technical analysis to look for stocks with short-term price momentum. These traders aren’t interested in the fundamental or intrinsic value of stocks, but rather in their price trends and patterns. For me I’m looking for oversold stocks, continuation patterns and breakouts.

Oversold stocks are probably my favorite because they draw heavy short interest and are often the result of panic selling which almost always leads to a near term bounce. Use sound technical analysis to determine your entry and so long as you’re picking the right companies the chances of gaming this pattern are relatively high in comparison to other strategies.

To watch in HD, first expand the video and then select 1080p in the settings just below the chart.

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