Charts| Stocks performance -ESTE,RYTM,CAR&BTU
General market is definitely in downtrend. but i do still take opportunities when stocks appear with relative strength. trading above 200MA is a sign of RS when indexes are below 200MA. What is different is i take lower risk (via smaller sizing) on such opportunities
Bear markets have two components: Price and Time. Price takes your money. Time takes your patience; all those rallies that turn out not to be the beginning of a new bull market, even though so many people think/wish they were, eventually just wear almost everybody out.
You grow so much more as a trader in technical execution, risk management, and emotional control from cycle of corrections, than periods of market rally.Turn up daily, embrace the experience. you will thrive eventually.
There is unquestionable euphoria with positive market swing over the last few sessions, but the quality trades have already affirmed its relative strength in the first 2 weeks of the month. The best stocks bottom before the market
Here are the hot stocks that I think are important today, and I want to show them in chart form：$Earthstone(ESTE)$ $Rhythm Pharmaceuticals Inc.(RYTM)$ $Avis Budget(CAR)$ $Peabody Energy Corp(BTU)$ https://twitter.com/jeffsuntrading/status/1591318612853555200
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Ok