Quantum Stocks Back Burner Indicator

16 ธ.ค.

Check out how the hourly back burner has been signaling good risk/reward entries on a couple of the recent high flying Quantum stocks QUBT and QBTS.

The Chart Guys created this indicator for help making entries during strong trending markets, to ensure we are not chasing in euphoria and just reacting to our FOMO. We wait for the consolidation and for shorter term oversold conditions to mark longer term higher lows.

This is an example of why the back burner strategy has been my most profitable trade setup in my career, trading multiple crypto and cannabis euphoria cycles, not to mention names like TSLA, NVDA and others!