Ep. 120: Jason Thomson: Fundamental Analysis Trumps The Chart For Big Moves
Investing With IBD
00:00
How to Buy Stocks Near the Bottom of the Cup
Mark Smith: We're seeing a pattern recognition here, you know, showing a cup. And it looks like we had a little tight area here. We broke out of that tight area. So this is certainly actionable at this point. But I think the market needs to cool off for a little bit and given that we're in the summer months,. It might make sense for these companies to consolidate for several weeks before they move higher.
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