In this educational stock trading strategy video, we walk you through the clear, technical criteria that recently prompted us to buy Qihoo 360 Technology Co ($QIHU) for a short-term momentum trade.
We point out the basic, objective technical analysis that prompted us to buy $QIHU when we did, and conclude the video by explaining our rationale for selling the stock 4 days later for a quick 11% gain. Overall market timing strategy for our swing trading methodology is also discussed in the video.
Press the play button below to view this 4-minute video (click the icon on bottom right of video window to view in full-screen mode for best quality):
Click here to learn how to trade stocks and find stock picks such as this one.
We hope you found the video to be informative and insightful. You may sign up for a risk-free 30-day subscription or our top-rated stock picking service by clicking here.
Did you recently have a similar trade setup that you would like to share with us? Feel free to drop us a comment below. Also, sharing with your favorite social network (icons on left) is always appreciated.
Missed the initial breakout? Don't worry - there's still a chance to catch that rocket! Today, we're diving deep into…
Discover the three powerful buy signals flashing in the Nasdaq and learn how to profit from the surprising shift in…
Could Tesla (TSLA) be gearing up for a major bullish run? Veteran analyst Rick Pedicelli breaks down five critical technical…
Trade what you see, not what you think.
The tech sector has recently experienced a significant downturn, with the NASDAQ index plummeting, but for astute traders, such market…
In the high-stakes world of AI stocks, even giants can stumble. Join us as we dissect Nvidia's recent 35% correction…