Swing Trade Strategy: Contrarian Extreme Oversold Stock
Zumiez (ZUMZ) is our classic contrarian extreme oversold stock which we have proven to be highly profitable assuming that you obey the rules of using multi-time period charts, accumulating shares , knowing your catalyst for the stock to head higher (in this case high short interest) and booking profits quickly. Why? Weak stocks tend to get weaker which leads me to my old adage “First Out Best Out”
Pofits from this swing trade?
9% or $2,867.00 … Congratulations Members!