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Reasoning behind Key List buy points

QuestionsCategory: QuestionsReasoning behind Key List buy points
Matt asked 3 years ago
Hi Pat, I've watched the recent Key List videos several times through and I'm confused about how you determine some of the buy points. In the Key List video for Nov 30, you chose a buy point of $28.20 for COHU, going off the highest closing price in the last 3 days. But for JD, you chose a buy point of $89.80, going off the lower closing price.  Why not a buy point of $90.30? In the Key List video for Dec 1, you chose a buy point of $279.29 for FB. But why not $289.20? Finally, on a few stocks, you suggest aiming for buy points that take out the most recent day's highs, even though there doesn't seem to be a pattern forming. Would you be able to provide clarification on how you choose your buy points? Thanks!
1 Answers
Avatar photoOwen Staff answered 3 years ago

Hi Matt,
Video from Patrick:
https://youtu.be/18xs7tR_TII

Matt replied 3 years ago

Thanks for the explanation – this makes everything much more clear!