Momentum Trading strategy | How to find momentum stocks?
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John
English
College Students
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Summary
To identify momentum stocks, analyze monthly, weekly, and daily time frames using the RSI indicator. Stocks above 60 RSI and moving averages indicate bullish momentum. Multi-time frame analysis enhances trading decisions, focusing on patterns like cup and handle, double bottoms, and breakouts for profitable trades. Understanding candlestick patterns is crucial for successful trading.