Getting back to some idea generation, and decided to provide a peek behind the curtain here at TVP headquarters. These are stock ideas that I find attractive based on long term (10+ years, if applicable) volume profile analysis as well as presenting favourable (sic) patterns on the weekly charts.
These are not ‘hit and run’ type trades. A few, if not all may take weeks/months prior to showing promise, but they are all offer very nice reward/risk at these current prices.
Below you will find daily charts with 4 ‘levels’ highlighted. I have set a target price for each stock and have provided a stop level depending on what level of reward/risk you seek. Using these levels, one can find candidates with a favorable reward for a set level of risk.
I realize this may be a bit confusing, so feel free to ask questions, and I’ll be happy to clarify.