ABOUT
Sinisa Persich is Technical Analyst and founder of swing-trading.net. Persich, who is 30 years old with a B.A. in electrical engineering
,uses a strategy of culling the wide universe of stocks (many of them smaller caps) each day and identifying those that are building strong continuation patterns. These are stocks that have already broken out (or broken down in the case of shorts) and are consolidating in bullish/bearish triangles, flags, pennants, rectangles and wedges ahead of the continuation of the trend.As a strong believer in trends, Persich tends to set the entry points of his daily swing trade set-ups above previous day highs, while his stop losses are mostly in range from 3%-5% below entry price. Similarly, his entries on day trades are set above the session high. Sinisa's article, "Capitalising on Continuation Patterns," published in Traders' Online Mag, eSignal.com,...
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