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Stocks that Bottom and Setup Ahead of the Market During Corrections

QuestionsCategory: QuestionsStocks that Bottom and Setup Ahead of the Market During Corrections
Gary G asked 5 years ago
Hi Patrick, I sure am learning a great deal from you and I thank you for that. I'm relatively new to screening for stocks so I am trying to use what you share in some of your videos as a foundation to learn from and build upon. It's my understanding that the stocks that tend to lead new up trends after a market correction often bottom before the market and are already setting up and approaching new highs when the broader market indexes bottom. Then when the broader indexes turn up, these stocks tend to be the first to break out. Do you have a screen you use to capture these stocks and would be willing to share or criteria you would recommend using? I assume RS Rating and Near 52 Wk High are important.
1 Answers
Avatar photoOwen Staff answered 5 years ago

Hi Gary,
Video from Patrick:
https://youtu.be/suOGL7QMUlk