Hey Traders,
Let’s do a quick recap.
Last week, I showed you how to read a bear market like a pro — just by looking at three moving averages on a chart.
No fancy tools. No complicated systems. Just structure.
Then yesterday, I told you exactly where to focus:
“Right now, we’re seeing some individual stocks break out to new highs.
Those are the names you want to focus on. The ones with strong, clean trends.”
Today, I want to test you.
Not in a pop quiz kind of way — more like a real-life drill.
Because this is the kind of thing that separates chart readers from headline chasers.
Here’s What to Do
I’m going to give you a handful of tickers.
Your mission?
Use the same setup I gave you in “How to Read a Bear Market Like a Pro”:
- 6-month daily chart
- Add the 20-day (green), 50-day (blue), and 200-day (red) exponential moving averages
- See how they’re stacked
- Watch how price has reacted to them
Then ask yourself:
- Is this a bullish setup?
- Is this a bearish setup?
- Or is this stuck in “no-man’s land”?
This is the exact framework I use every day to figure out where my edge is.
And once you train your eyes to see it — you’ll never look at a chart the same way again.
Try It On These
Here are your practice tickers:
- BJ
- AGI
- FOXA
- CNP
- GILD
- WFRD
- VRSN
Use the blueprint. Trust what you see. Don’t overthink it.
Tomorrow I’ll check in and give you the answers.
But for today?
Just take a shot — and see if your instincts are starting to line up with what the chart is really saying.
Trade well,
Jack Carter
P.S. May is here and these three stocks have a history of popping over the next few weeks!