Example of Applying the"POWER OF THE PATTERN" to Wal-Mart (WMT)
Hi
I am honored by your continued interest in my research.
Below is an example of applying the Power of the Pattern to an asset that I monitor and suggested Premium subscribers take action to buy back in February
Note: The specific asset is not important as is the pattern analysis, which is the same, regardless of the asset
Power of the Pattern applied below to Wal-mart (WMT)
We suggested purchasing WMT on a breakout of a weekly bullish flag pattern over several months. Initial breakout was followed by a large gap-up which sold off, followed by a strong reversal to the upside; then off to the races to resistance around $80 where we took additional profits.
Along with Indices, sectors, commodities, the metals and a few individual stocks, these are the types of patterns and opportunities I continually work to find for our members
We suggested a purchase of WMT on February 17, 2017 as it broke out to the upside
Harvested recently at 2 (1st chart below)
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Below is a summary of gains compared to the S&P 500 since purchasing WMT
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I hope you found this helpful. Please reply with any questions or if you would like additional examples