FINDING a stock that’s already on the move isn’t hard, but finding a way to get involved can certainly be a challenge. After all, if we’re responsibly entering with a protective downside exit in mind and the stock is a long way from support, where is that exit going to be?
You’ll see in the video that this is not a one-size-fits-all approach, so some adaptation will be required on a trade-by-trade basis. It’s less complicated than it sounds.
Here’s the video on how I play momentum stocks. Click the full-screen button in the player for best quality: