Momentum Trading Strategy

Notes

Chart Setups & Entries

When and where to buy a stock you have already found: chart patterns, buy points and entry tactics.

Showing 1–1 of 1 note

$NET ×
View on Substack ↗

Anyone buy NET?

I like the earnings and sales growth on $NET.

  • EPS +38%.

  • Sales +35%.

  • Estimates look like they're accelerating on the sales side too.

  • Fund ownership is rising quarter after quarter.

  • Strong RS

I would like to see ROE or pretax margins strong, the way O'Neil talks about in his book. These aren't.

The other positives plus a low-risk, high-reward pullback off the 50-day still make this a great trade.