Stock Picks

In the Sept. 1 issue of Stock Surge Daily, I alerted you to a new trade I was taking on Tesla, Inc. (TSLA) stock.Back then, the stock was checking all of my boxes for a potential bullish trade.

The “cup and handle” is a well known but little understood price pattern that is typically a bullish formation.It got its name because it looks something like a coffee cup, with a U-shaped base and a downward trending consolidation range that looks like a handle.

Maintaining a watchlist of stocks is absolutely crucial if you want to find success in the markets.If your watchlist is getting overcrowded, don’t hesitate to split them up. I actually have several watchlists that I follow.

The goal of a trader is to make money. Plain and simple.So, you should monitor how much money you are up or down on a trade, right?Wrong!