In this video, Sean explains how to identify stocks poised for significant breakout trades by focusing on those leading the market and exhibiting tight setups. He uses TradingView to scan stocks by sector and theme, emphasizing the importance of identifying strong sectors and leading stocks within those sectors. Sean details a specific screener setup, focusing on price, market cap, EMAs, and relative volume to narrow down potential stocks. He also describes how to use TradingView's market analysis tools to identify leading industries and then pinpoint leading stocks within those industries, which helps in creating a focused watch list for potential breakouts, complete with set alerts for timely execution.
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