Ted Williams, the great Red Soxx hitter is known for dividing the strike zone into 77 cells, each the size of a baseball. He was a very “picky hitter!” He only took a swing at a pitch he likes. I have found it “pays to be picky” when it comes to patterns too!
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Game Plan….Buy PSQ with a 2% stop. Am going to take a swing at scoring on defense due to the “lack of fear” that is present in the chart above. The trend is up in many markets so I will not give this trade much room to be wrong! I like the pattern above, yet I am not predicting the same decline as took place at (1)!!!