Happy New Year! Steve Place here.
Now that we’re in January, it’s time to start the year off strong…
So I just published a new video discussing the “January Effect” and how you can play it to your advantage…
Plus, a roadmap analysis on 2 popular fintech names.
Let me give you some background:
In December, we tend to see sell-offs in a lot of names due to tax-loss harvesting and other structural issues.
Some of these stocks often see a strong bounce to the upside in January as the sell-offs finish and people move in to pick up cheap shares.
That’s the January Effect.
The problem with trying to play the January Effect is “catching the falling knife.”
It’s pretty tough to get solid entry points on stocks in extreme downtrends…
Especially when you’re just guessing.
On the other hand, if you have a system that reveals key price levels based on volume…
Your chance of scoring a good entry can go way up.
So in today’s video, I’m going to walk you through how I’d use our market roadmap to play the January Effect on 2 fintech stocks (that you’ve definitely heard of).
