The single most reliable way to find big money stocks is to observe their chart patterns. In the stock market boom years of the late 1990's, I was an executive at a financial television channel, and it was easier to listen to the pundits, commentators and stock market gurus I regularly came in contact with. But gradually, as the stock market began to bring everyone down to reality, it became painfully obvious that you needed something more than "expert opinions" to make big money in the market. A lot more.
Hi, I'm Paul Johnson, and my search for the "holy grail" of stock market profits took me far deeper into "technical analysis" than I had ever imagined. But gradually, after studying hundreds of charts on a daily basis, and rigorously trading stocks for a couple of years, I began to realize how powerful charts really are. You see, stocks form the same types of patterns over and over again-- setting up very distinct areas of price resistance. Once a stock breaks through this resistance on a powerful burst of above-average volume, it is often free to move up dramatically.
Don't get me wrong. A company's earnings and other fundamentals are important starting criteria in considering any stock, but it is often the chart pattern that most clearly reveals a stock's hidden near-term profit potential.
I also learned to recognize candle chart patterns., which opened my eyes to a wealth of trading opportunities for stocks that are potentially about to reverse their downturns and head back up again in a big way. These stocks are the stuff of daytraders', swing traders', and option players' dreams!
When I first started making fairly routine gains in the stock market, a lot of people (including my accountant) suddenly started asking me how I managed to do this, even during difficult markets. So I decided to offer interested traders bi-weekly email reports (plus, occasional bonus "Flash Updates!"), complete with selected charts and a listing of stocks and the buy points, or "pivots" at which these stocks look most likely to break out.
It is my sincere hope that Stock Confidential will be helpful to you in making the stock market as financially rewarding as it has been for me
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