Today I’m going to show you a trading tactic so simple, yet so reliable, it’ll allow you to predict when certain stocks will skyrocket days or even weeks in advance.
Master this tactic and it’ll feel like you’ve got a “cheat code” to the markets. Let me show you exactly how it works. In short, you want to identify stocks that are climbing out of a “base.”
A stock forms a base when it trades within a narrow price range for a period of time. In other words, the stock isn’t crashing, and it’s not zooming higher (yet).
It’s essentially trading “sideways.” Now, many people disregard sideways price action.
They think it’s “no man’s land.” A place where money just sits stagnant. They’re only focused on charts that showcase big moves to the upside or downside. This is a big, costly mistake.