This video highlights several trade ideas that may be added as official trades soon but also discusses my preference to "let the dust settle" before opening many new swing trade positions due to the increased volatility & intraday price swings that usually follow a sharp drop in the market. These swift & relatively large intraday rips & dips greatly increase the chance of any well-placed stops loss orders being run, even if the trade goes on to hit the price target shortly afterwards. My near-term scenarios as well as some key technical levels to watch on the broad market are discussed [...]
Technical analysis covering my top picks in the Specialty & Generic Drug Manufacturer sector including buy triggers & profit targets. The following trade setups are covered in this order: ACET, AGN, ARDM, ENDP (currently an Active Trade), EPIX, LCI, MYL, POK, OREX, PCRX, PSDV, PTX, RDUS & ZTS. Video speed can be increase via the settings to reduce playback duration.