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Frank Walek
Mar 13, 2024 11:12 PM 1 Answers
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for instance, I watched your video today and you mentioned "short stroke pattern". as a MCstock chart newbie, I don't know what this is and I can't find any resources here to help me understand. Where do I go (here) to learn the unfamilar concepts you mention? In other words, how do I get up to speed so I can follow you more clearly?




I would not get too caught up in the technical  jargon. It is important for you to focus on what you want out of the stock market. I post a  leading stocks  list every Saturday. that I believe are strong and should be owned. Many are extended and must be bought on pullbacks.

The "ready list" that are posted every evening and morning are stocks setup in bases and near buy points. It is imperative that you have an idea of what type of stocks you want to own and what do you want to get from the stock market. Only you can answer that.

Of course, everyone wants to double their money in a week without any risk. But, that is not reality.


The short stroke pattern is found on a weekly chart, and is pretty rare.

It forms over just two weeks. The first week is marked by a large move higher— say 10% to 20% or even more, and usually coincides with or comes shortly after a breakout from a base.  The second week shows tight trading; the difference between the stock's weekly high and low is typically just a few percentage points. Watch for the stock to rise or fall just slightly in the second week without making a new high. Such tame action after a big run-up shows that institutional investors are in no hurry to sell.



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Frank Walek
Mar 14, 2024


I have a tendency to go too far into the weeds.

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