TO ALL:
Here are the “potential trades” for next week:
Momentum ETFs (52-Week Low Breakout)
The 52-Week Low Breakout strategy attempts to buy a stock when the current day’s closing price is trading within 10% of the 52-week low. This strategy seeks to profit from a price rise when the stock price recovers from an oversold condition—also known as a “bounce”. Breakout strategies can generate a large number of trades that involve false breakouts in order to catch a truly large price move.
ProShares UltraShort QQQQ (QID) $49.44
ProShares UltraShort Russell 2000 (TWM) $41.30
All positions displayed are for educational purposes only and are not intended to be recommendations.
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