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SRG – Chart of the Week for March 28, 2024

by | Mar 28, 2024

Chart of the week this week is SRG.

Quite note before we get started: Bitcoin is on fire and I believe it will continue for the net 18-24 months. Click here to discover how I’m capturing Bitcoin’s gains right inside my regular trading account!

Ok, now onto this week’s epic chart…

This Week’s Chart

SRG has a standard Market Roadmap (MRM) bounce.

MRM is a simple trend pullback continuation pattern that has around a 70% success rate to hit the target when you take the conservative entry.

The conservative entry on SRG is now.

The target is the $9.90-10.00 area. (I bought 10 shares and plan to exit at $9.90)

The aggressive target is up at $10.30.

Consider the pattern a bust if we make a significant lower low around $8.50. That would be a good place to set a stop.

By the way, I put out a list every week of potential stocks setting up the MRM bounce. If you want to get in on that action make sure to subscribe to it http://jeffrytrader.com/mrmyt <– it’s like $5.
PLUS I give you the indicator (the orange line) to use inside your TradingView account.

The Chart

You can go check out my chart marked up with notes (entries, targets, etc) right here: https://www.tradingview.com/x/yOweNQ1h/

More Free Trade Ideas

I give out free trade ideas like this all the time on my daily morning show “Morning Monster”, as well as my “30 Minutes of Awesome” show Tuesdays at 5pm Eastern.

To get notified every time I go live with those shows, click here to subscribe to my YouTube channel.

Hope to see you there.

— Jeffry Turnmire

 

PS> *The RoadMap Line or RML is based on my Market Roadmap indicator. Market Roadmap is my custom-built TradingView indicator that helps me spot many of the trades I post, including this one. If you’d like to grab Market Roadmap for yourself — and get access to some of my private Discord channels, too  — just click here to pick it up for $5!

In my Discord channels, I give out EVEN MORE free trade ideas — so think about it: Between my free YouTube content, the Discord channels and the Market Roadmap indicator, you could have more trades than you can handle every single week!

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