Equity Oracle: 05/17/13


With the Dow being as overextended as it is, it becomes harder to find stocks that I would feel comfortable owning at this point. My strategy is to find stocks with repeating price patterns, where buyers have come in at key support levels. If you look at the chart, you will see that Alcoa, Inc. (Ticker: AA) bounced perfectly off of a role reversal support level that was once tested before.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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