The Same Price Action Again & Again!

by | Sep 17, 2024

Hey traders, it’s Bryce here.

We had a LIVE trading tutorial with Sykes and Bohen on Thursday, September 12.

Traders who joined had everything they needed to capitalize off of last weekend’s runner … 

The stock was Azul S.A. (NYSE: AZUL), Sykes pulled $2,000 from it. Take a look at his trade notes below:

Source: Profit.ly

And Sykes wasn’t the only person to trade it. Everyone who tuned in on Thursday had an opportunity to capitalize. See the post on X below:

Source: https://x.com/andreacgabrieli/status/1835675509994263039

The weekend before, he used the exact same pattern to profit from Laser Photonics Corporation (NASDAQ: LASE).

And LASE ran for an extra day after the weekend gap up! Take a look at the chart below of the price action, every candle represents one trading minute:

LASE chart multi-day, 1-minute candles Source: StocksToTrade

Last weekend it was AZUL … The weekend before it was LASE …

This Friday, we’re watching for the same price action.

You can watch the recording of Thursday’s pattern tutorial below. Take time to prepare NOW:

Key Entry And Exit

Nothing is a 100% guarantee in the market.

Our entries and exits on volatile stocks help us to mitigate the risk of a failed trade.

We’re not building positions at random … Random trades will get you random results.

Instead, there’s a process for success in this niche, don’t ignore the rules!

Our goal is to buy shares in an area of consolidation on a bullish stock before it shoots higher, at its simplest.

For example, you can see Sykes’ position on AZUL from last weekend below. Every candle represents one trading minute:

AZUL chart multi-day, 1-minute candles Source: StocksToTrade

Here’s another example of a possible entry and exit from last weekend:

The Friday opportunity this coming weekend might not look the exact same as AZUL. As you might have noticed, the charts for AZUL and LASE don’t look exactly the same either … 

There’s a specific price action that’s shared by the two stocks, but without the right experience, it can be difficult for new traders to notice the right setup. Especially in real time.

>>  Watch Sykes’ Pattern Tutorial From Last Thursday <<

He goes over the entire pattern from front to back.

Plus, you’ve got AZUL and LASE as recent examples. Study all of this content to prepare for this coming Friday.

You don’t need to trade all day every day. Just pay attention when it counts, like this Friday!

Cheers,

Bryce Tuohey

 

*Past performance does not indicate future results