32. EP 9 Million (EPV) - Process
[1. Setup Mastery] - [1.3 Bullish Setup] - [1.3.5 EP 9 Million (EPV)] - [1.3.5.2 Process]
First thing we run is EP 9M scan and if you find something here your day is done and you don't have to do combo bullish scan after this.
First thing to look for whenever you run an EP 9M scan is the golden rule that means it should have a BB CD or CT that is given. Normally quality is important when looking from combo scan perspective but here breakout is with volume so strength. Rules don't matter things like choppy or linear as everything is trumped by volume. Huge volume is saying that some criteria can and will be less stringent.
a 9M breakout will be brought on the first day only, not on 2nd or 3rd day. Golden rule of trading is the pattern should be right then look if there is a catalyst then find strength of catalyst.
If it's DOG, You still have to find out and the story where you have least expectation is the one that will surprise you the most and go on to make 300%. DOGS usually out park every expectation you have. So usually cut position 50-60% or more and rest like 20% give it real room.
And if its a LIQUID LAVA then expect 8 to 10% and not a big move. And for some reason if you can’t figure out CAT'S and DOG'S because you believe that should not be making that kind of move because of story or something however just focusing on LIQUID LAVA 100% and doing 5 to 20 trades, A good LIQUID LAVA is that enough? Answer is yes.
Here is a thing: a stock which has a catalyst, Multiple times it will show up in scan so it's going to give you multiple opportunities. It's not the first day of the move you catch.
In CAT'S EP 9M happens multiple times and in a year you will have 100 opportunities and DOG you will find 300 and LIQUID LAVA you will find 200 trades in a year. After seeing this kind of opportunity here is there any reason to trade combo bullish? Answer is no.
If you just focus on EP 9M and do nothing that's more than enough. If you have a very busy life this is the answer.
Setup is the same as CT CD BB and if any setup here is EP 9M then it's worth more than ordinary setup. So first priority everyday is EP 9 then don’t even worry about finding something in combo bullish.
Now here is the important thing and if you find a good setup and that stock has 2 quarters of revenue growth of 39% + then its automatically CAT.