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Guy Cohen

OVI Market Review - Choppy Market Means Play Safe

by Guy Cohen 28. August 2017 15:33

The post-earnings market is choppy and not as predictable as we prefer it to be.  

Therefore, play it safe until conditions are more favourable.  

Remember, our bread and butter is OVI breakouts of trending stocks, and that's what you should be focusing on 80% of the time.

That said, the airline stocks look interesting for a potential reversal, with several forming setups very close to being railroad tracks, albeit without the volume I'd really like to see.

 

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