Can These Two Stocks Break Out?

Edward Lance lorilla, Earlier this week, I revealed one chart that's on my radar and one that I believe all traders should have on their radar. It's the iShares Russell 2000 ETF (IWM) relative to the Invesco QQQ Trust (QQQ).

This chart is pretty close to 2000 levels. If you don't know what happened that year, well you might get caught in the market. While everyone and their brother are looking to buy and random stocks in the QQQ to buy, I'm going to remain selective with my plays. You see, if history repeats itself… We might see some action like this chart below.

The QQQ (the black line) entered into bear market territory, while IWM was relatively strong between May 2000 – May 2002. That being said, I've got my eyes set on two stocks I believe can make a move very soon... regardless of what the QQQ or IWM does. Click here to find out what they are.

JC Parets

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