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Here is how to pick winning stocks to outperform in a bear market or market correction [Video]

Here is the exact blueprint you need to follow to pick the winning stocks and the next multibaggers in a bear market or market correction, with case studies on Lantheus Holdings (LNTH) and ServiceNow (NOW).

Focus on spotting the strength in the market structure when comparing to the S&P 500 (ES) as explained in the video below.

The bullish setup vs. the bearish setup is 116 to 13 from the screenshot of my stock screener below. 

Chart

Picking the outperforming stocks in the strong sectors such as solar, lithium, renewable energy, Biotech and health tech, is the key to thrive in this volatile market. The sharp decline in the market breadth suggested challenging trading market environment.

So far, there are 25 stocks satisfy the criteria of the market leaders and the characteristics of accumulation structure as updated in the Weekly live session membership module.

The change of character bar triggered by the CPI data came with spike of supply, suggested more weakness ahead in S&P 500. The immediate support level at 3900 could be vulnerable. Nevertheless, the market bottom indicator as demonstrated by the breadth thrust is still a valid bullish scenario. 

Author

Ming Jong Tey

Ming Jong Tey

Independent Analyst

Ming Jong Tey has been trading since 2008. He started his learning journey from technical analysis (indicators, Fibonacci, etc...) to value investing. Throughout his journey, he develops an interest in price action with chart pattern trading.

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