Building a Momentum Watch List from Scratch
]In this stock market education video, I build a full watch list using only 2 simple Tradingview Scanners. These scanners will find the stocks that have made huge gains in a short amount of time.
In order for a stock to make it onto a watchlist, it must have an Ignite Candle. An Ignite candle is a candle that made a range expansion on high volume. I use a 7% over $7 scanner to find these stocks. Here is the scanner I use from Tradingview:
Next I use different Momentum Scans to find stocks that are consolidating AFTER they had a ignite candle. The entry is after a pullback, or after some tight action.
Weep Up 20%
Month up 30%
I go in great detail in this video here!
Please enjoy and happy trading!
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