"Stock Above 5-Day Average" Chart
"Swing Trading Success is where preparation and opportunity meet."
Happy New Year Folks! Wishing everyone here a profitable 2025.
One of my tools I use to look for favorable swing trading is the "Stock Above 5-Day Average" chart. In it, I can see where we are in the cycle for swing trading. I like to start looking for new setups when we are under the 30 line and starting to cross the 3-day moving average (red line). It's not a perfect tool, but it puts the probabilities to my advantage. So having said that, I am seeing that the Russell 2000 had a crossover alerting me to consider small caps to swing trade.
**Coming Soon... YouTube!