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Guy Cohen

Railroad Track Highs Suggest Weakness

by Guy Cohen 18. May 2016 09:04

Following on from Monday's video ... 

The first thing I do every day is look at my watchlists, including the main indices.  

What I could see today was a railroad track in the city type of setup ... 

So the next thing I did was to go to the Reversals TradeFinder in the OVI Traders Club, and filter for Railroad Tracks in the City (high) to see if other stocks were exhibiting the same setup.  

What I found was an unusually large number of such setups.  This will become even easier when the new Dashboard is released ... be patient!  

So in today's video I show you exactly how my routine went this morning in finding interesting reversal setups.

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