Swing Trading Signals, Momentum Patterns: TPR

Luxury fashion brands are popular for speculation heading into the holidays.

With a few points to the bottom completion resistance, TPR has a swing trading entry signal, 2 in a row now. Resting days that create a narrow consolidation can be powerful momentum-building patterns for short-term trading.

Swing trading, rather than day trading, these setups can net better profits. Position trading needs to wait for a stronger support level to build for an entry, which usually occurs when the bottom formation completes.