I was on the road and took a chance to post about JNJ early in the day. Sometimes blue dots occur in he morning but the stock fails the setup by closing. JNJ was a successful break out, see daily chart below. Note the high volume on this bounce from oversold. My Blue Dot of Happiness setup is explained during my TraderLion presentation on Day 6. I look for a stock that recently traded at an ATH and then bounced from oversold. I like this setup because I know if the bounce fails I can exit immediately with a small loss. This bounce looked especially promising because JNJ was also just above its lower 15.2 daily BB, another area of support. JNJ is up 50% from its lowest price in the past year and above its last green line top. Follow me on X, @WishingWealth, to get intraday tweets on promising stocks.
Thank you kindly that the first start day date is now on you commentary and note. That is very helpful to try and review your records and gain confidence. I would ask one more tiny favor. Put the first day posted as I notice some times first day up may be a Friday but it is not posted until like Sunday or some other day and its very hard to page back all your wealth blogs to sync it all up. Thanks again for the info its a great holiday gift to us. And happy holidays to you good sir for all the wealth of information you share most graciously gratus Cheers