Momentum Trading Strategy

Notes

Short lessons on momentum trading, every day.

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$BTSG ×
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BTSG Looks Good, but Earnings Are Close

BTSG is another name that has been consistently showing up on my screens. It was appearing last fall as well and continues to display strong relative strength, accelerating earnings, double-digit sales growth, and tightening price action near its highs.

But earnings are only a few days away, which adds significant gap risk.