Hey, Ross here:

Welcome back to the Wednesday Watchlist.

If you’ve been here before, then you know that what we want to do is target the leading groups in the market.

You’ll see that clearly with our first trade idea for this week’s watchlist below.

Trade Idea #1 – Hecla Mining Company (HL)

Hecla Mining Company (HL) has been an absolute monster.

In the last six months, it broke out and soared from $5 to $35 – before pulling back sharply to the $20–$22 range.

And as you can see it’s just touched its 50-day Simple Moving Average.

As a rule, when buying breakout stocks – it’s a good idea to always buy the first touch of the 50-day moving average.

It’s a strong level of moving support – and in a leading stock like this , often signals a bounce ahead.

I would buy HL at current prices with a stop loss at $20.10.

Trade Idea #2 – Costamere Inc. (CMRE)

Shipping has just popped up as a new leading group.

Normally, I want to see these leading groups stay in the charts for a bit longer before I make a move.

But in this case, I’m going to be taking an early stab at one of these…

With a stock called Costamere Inc. (CMRE).

Now, the chart is not perfect – but it’s pretty damn good.

We got a nice clean breakout back in late October…

Followed by some shallowing action below a defined resistance line for the next few months.

And now, it’s just broken out past that resistance level at decent volume.

I would buy CMRE at current prices with a stop loss at $15.70.

Anyway that’s all I have for you today.

If you want to see even more explosive breakout setups in action…

Then join me LIVE later this afternoon at 3 p.m. Eastern…

When I reveal my #1 explosive breakout pattern – and the details of the next group of stocks it’s pointing to.

This breakout pattern has identified stocks that have exploded 270% in 70 days… 177% in 11 days… even 148% in just 2 days.

But with fear coming back into the market…

Now is the time to position yourself before the next wave of breakouts hit.

So click here to guarantee your free spot if you haven’t already…

And I’ll see you later today at 3 p.m. ET.

P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.

iOS: https://apps.apple.com/us/app/goto/id1465614785 

Android: https://play.google.com/store/search?q=goto&c=apps

To your wealth,

Ross Givens and the Traders Agency Team