Momo stands for momentum... if the stock trending from last 5-10 days then its high probability it will trend continue for some more days lets say 5-7 days..
Its has high probability and very short term trade.. capturing 10%-20% within weeks possible.
Check Atlas Cycle same kind of setup i traded..
In short its parabolic moves... quick trades... so called momo setups
Its has high probability and very short term trade.. capturing 10%-20% within weeks possible.
Check Atlas Cycle same kind of setup i traded..
In short its parabolic moves... quick trades... so called momo setups