It may not seem extraordinary to you. Just a basic stock on an uptrend.
But even when a stock has a ton of upward momentum, there are still going to be pullbacks.
Just look here:
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Each one of those pullbacks is a potential opportunity for bullish investors to enter at a lower price.
But over time, each of those pullbacks starts to be an encoded message, or what I call “echoes.”
Because fundamentally, the market usually runs in patterns.
If one pullback “echoes” another pullback, then you might expect the response to that pullback to be similar as well.
In other words, if one pullback creates a significant upward move, and weeks or even months later I identify an “echo” of that pullback, I have every reason to expect that it will kick off another big run, which could give us an opportunity to enter a bullish trade.
The point of the Echo Trades system is to try and identify where the bottom of that echo is going to be, find an entry, and attempt to capture a measured move to capitalize on the momentum of the next run after the pullback.
That’s as simple an explanation as I can give you.
Unfortunately, I can’t fully unpack the whole story in one brief email.
But if you want to learn more, and want to know about the power play I use every time I place an Echo Trade, watch this interview now.
I hope this beginner’s guide has helped a bit.
Hope you’re doing well,
Jeffry
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