Free Video #1338 $MGT Momentum and Recent Squeeze Thoughts and $JWN Morning Reversal

by | May 16, 2016

Hope everyone had a great weekend !!

I made this video Friday after the bell and figured I'd share it since I haven't done a free one in a while. Many traders had questions about MGT so I figured this may be the best way.  If you feel like you "have to short" because you have the fear of missing out, it may be your best bet to wait for the momentum to slow down and not try to find the top. On the front side of these moves anything can happen, much like PRGN (past few weeks) although you may have been right in the end it's not something that is easy to hold through all the break outs and break downs.

I hope everyone has had a chance to check out the free beginners guide that we started on YouTube.

Have any questions? Post them in the comments below!

3 Comments

  1. Great recap, thanks for the content!

    Reply
  2. I see you base your trades of levels and psychological factors, how do you get those ideas?

    Reply
  3. Nicely explained re: MGT. Thanks

    Reply

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