This article is for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade/investment.
Did you notice this?
The playlists in stores and malls have changed. They have swapped their Christmas playlists to play Chinese New Year songs.
Christmas decorations have also been replaced.
But before that, Happy New Year!
What are your goals and resolutions? I aim to take more walks to help me destress and exercise at the same time.
Are you ready to achieve greater trading consistency? Here are 2 stocks that could help you start 2025 well.
If you’d like to review the stocks shared in December, click here.
Boston Scientific (NYSE: BSX)
Source: bostonscientific.com/en-US/home.html
1. About the Company
Boston Scientific is a healthcare company founded in 1979.
It develops, manufactures, and market medical devices that are used in interventional medical procedures.
With a larger and aging population in the developed parts of the world, the company’s products are widely used.
Is there a position trading opportunity that you can consider seizing now?
2. Position Trading (Daily)
Let’s refer to the price chart of Boston Scientific’s shares to answer that question.
Without the need to plot any support and resistance, and trendlines, you can save some time and mental energy.
Here’s how you can tell the trend of the chart quickly – compare the number of blue (outlined and solid) candles against the number of red (outlined and solid) candles. When there are more blue candles, the share price is in an uptrend.
Because it’s easier to profit from the market by following the trend, you’ll want to be buying the shares of Boston Scientific for a position trade. But, is it the right time to do so?
All that’s needed is to refer to the 2 main indicators on the chart – the green arrow and Trend Impulse Factor.
The presence of the green arrow suggests the presence of a fresh uptrend.
Next, you’ll want to check on the color of the bar of its Trend Impulse Factor.
If it’s dark green in color, there’s a high chance that this uptrend is sustainable, thus increasing your chances of profiting from the market.
Do you see what I see?
Both indicators are in agreement, so the time to buy the shares of Boston Scientific for a position trade is ripe!
Expand Energy (NASDAQ: EXE)
Source: expandenergy.com
1. About the Company
Expand Energy is born in October 2024 through the merger of Chesapeake Energy and Southwestern Energy.
Through this merger, Expand Energy has become the largest natural gas producer in the US. In addition, the company produces and develops oil and natural gas liquids.
Given its size, are market participants snapping up its shares? Let’s find out in the next section.
2. Position Trading (Daily)
After a downtrend from June to September 2024 (yes you can tell from the sheer number of red solid and outlined candles), the share price of Expand Energy rose to form a new uptrend.
You won’t need to spend time and wreck your brain to determine the trend of this stock’s chart. There’s no need to plot trendlines or put on moving averages.
Can you tell that a new bullish move is here? The presence of a green arrow under its latest candle suggests so.
Furthermore, its Trend Impulse Factor indicates that this new bullish move is likely to be sustained in the foreseeable future.
This is good news because the time to buy the shares of Expand Energy for a position trade is here!
Conclusion
Source: unsplash.com
The share price of Boston Scientific and Expand Energy are rising. Because your chance of profiting from the stock market increases when you follow the trend, you want to be searching for a buying opportunity.
After a glance at their chart, you are ready to decide on buying their shares for a position trade. This is made possible with the 2 proprietary indicators – green arrow and Trend Impulse Factor.
Both indicators point toward a ripe buying opportunity for a position trade on both stocks. They could very well kickstart your 2025 in an amazing way.
Trading stocks without a proper system can be highly risky. This is why TGPS was created. The indicators will help you determine if a stock is ready for action to be taken. You won’t have to feel in the dark and make wild guesses.
What are your thoughts?
Share your thoughts with me below!
