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By Stock Bee (Reporter)
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Monday January 9, 2024

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APLS

Consolidation breakout. The volume is not really high. However it has very good linearity. The challenge is that is up 12%. So where you do you put the stop? 12%. So low risk/reward ratio.
Learn why I like to Find High Priced (FHP) Become a Stockbee member

FNGU

Whenever there is a large breadth move then this ETF makes a move.
AVGO
High priced stock. Bid/Ask spread less than dollar. So not bad.
TREE
Consolidation breakout. Up 18% which defeats the logic of Finding and Entering Early (FEE). Can a 18% breakout work? Yes, but there there is too much risk.
Learn why consolidation breakouts are so profitable. Become a Stockbee member
TIP: The market monitor indicates overly bearish conditions when the 5th column goes below 200. However this has only happened a handful of times in the last 20 years. Breadth can only be used to indicate market bottoms. Whereas bullish breadth is extremely bullish.
Become a member and get over 50 hours of video lessons including a complete guide to using the Market Monitor. Become a Stockbee member

Does Overhead resistance matter? (Video 2 min)

Do you suffer from FOMO? (video 2 min)


Source: http://stockbee.blogspot.com/2024/01/monday-january-9-2024.html



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