Home > Swing Trade of the Week > swing trade of the week

swing trade of the week

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This weeks stock trading pick is A T&T. As was discussed last week the US telecoms have been very strong. This swing trading set up is a classic technical chart pattern.

A smooth bull flag has formed giving us the opportunity to get long. As discussed in our Equity Trader 101 class, we will use a price confirmation entry techniques and build a position as it moves in our favor.

The entry is a buy stop @$40.75 and an initial stop loss under $40.25. Good luck this week. You can see our previous two calls have worked out quite nicely.

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