We want to find the path of least resistance when buying and holding a position. The biggest moves come from clean & simple bases where there is offered a precise entry trigger. Every night, prior to the next day’s market open, Pat assembles what we call The Key List complete with high-probability stocks, that have been vetted fundamentally and have base patterns with precise trigger entries.
For those of you who do you own scanning: Once you have your fundamentals vetted and your list down to 100-150 stocks, go through each chart to look for clean & simple base patterns. Narrow down your list to where you have 15-25 stocks on your list. Be sure to identify a precise entry point for each, sort them by industry group rank strength and viola! You have your list for the day!
Hope this helps!