Happy Friday, traders!
Another month has come to an end. As we head into April, we want to make sure we’re all focusing on the best trends and setups possible.
In the Compounding Growth Mastery, we keep an updated watchlist of setups that fit our “Big 3” criteria – trend, structure, and momentum. To give you a head start for the month ahead, here’s a part of our current watchlist below.
XLE (EOG, DVN, FANG, CVX)
USO, UNG
GLD, FNV
MO
LMT
ATI
MOS
AA
CCJ
NVDA
COST
Notice a common theme throughout these setups?
All have the same “big 3” criteria. When we’re looking for setups to play to the upside, here are a few of our requirements (which each of these tickers meet):
- Trading above the weekly 21 exponential moving average (EMA)
- Positively stacked EMAs on the weekly and daily charts
- Buy signals
- Squeeze across multiple time frames
Keep in mind, we’re always aiming to take entries at the daily 21 EMA on these setups. At the moment, a handful of names are setting up nicely at the 21 EMA. The rest will have to pull back in order to present an entry.
We hope you find this list helpful! We’ll be covering all of these setups (and more) in this Sunday’s newsletter video.
In the meantime, take a look at charts for the stock list above, and see if there’s anything from the list you want to keep an eye on next week.
Stay Focused!
