
Ep. 86: Dan Fitzpatrick: This Key Indicator Can Help You Screen Stocks Primed To Make Big Moves
Investing With IBD
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The Relative Strength Rating of Arusha
This is a, this, the chart pattern, it's kind of a cup and handle there. We didn't get stopped out. I think we were probably like 13 cents away from getting stopped out. So then the stock stabilized and you're sitting there for a week or so. And then all of a sudden, boom, we get this big move to the upside. It's got a little earnings issues, but not a lot. You know, if it has most of the stuff, right, take, take a shot. But on the other hand, you don't care about being right because you're too busy making money.
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