>> The Perfect Swing Trade <<  

I have followed Birchcliff Energy Limited (T.BIR) for over a year and notice a definite pattern. I can't tell the the exact share price range, as it does fluctuate, but once you start to follow the pattern you'll see what I see.

Birchcliff Energy can give you a .40 swing in price over a few days to a week with relative ease. Meaning that if you buy 2,000 shares, at the lower end of the range, you could net $800.00

I only say this to share what more sophisticated day traders are starting to do. Sure they can have a terrific day with Aura Silver Resources (like they did on Friday, watching it open at .15 & running to over .50). But many are also developing alternative trading methods, once they start accumulating some larger cash positions.

There will be days when nothing seems worth trading, but then there is Birchcliff Energy as an example, that has come into your buying range, so you can trade that because you have studied it's pattern. And generally, but not always, it becomes a safer trade, because you bought it at the lower end of the trading range.

Now, after saying that, I would welcome your suggestions of other stocks that fit that "swing trade" model. It's always nice to have 4 or 5 swing trade candidates at the ready.

Best Always,   

Mike Perras  
Canadian Stock Alerts  

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Nothing in this Blog is intended to, nor should be taken to, constitute economic or investment advice.