Even when markets are down, there are always stocks that aren’t going to follow the trend.
Bull runs can pop up anywhere.
Our jobs are to be ready for them – and see if we can find trades that the bulls like.
There are 3 that I’m trading this week. Let’s hop over to Total Alpha and I’ll show you the three I’m hoping will go for a run this week!
DLTR
DLTR is holding up against the 13/30 hourly moving average and looking to run higher once the breakout from the 100 hourly moving average occurs.
If this happens I’m going to target the 200 hourly moving average to the upside.
DWAC
DWAC is now above the major averages and holding as buyers look to gain traction and run back towards the pivot highs.
If the buyers can maintain this level, the 13/30 hourly moving averages will be both momentum and support for the next run.
PUMP
PUMP is rallying off of the lows and back to the 100 hourly moving average as buyers defended the $12 level and the double bottom “W” pattern.
If the buyers can continue this momentum, the 200 hourly moving average should be the next target for the bulls to the upside near the consolidation level.
Want more?
I’m sending trade ideas like these all the time to members of Total Alpha along with killer education from my years of trading experience. In fact, I’ve got one of my favorite trading patterns for you for free right here – click to check it out!
