monthly trend; buy above $32 with $29.60 stop.
TSCO is not “amazing” on shorter timeframes, but the monthly trend history drives a preference to buy above $32 with stops below $29.60.
TSCO doesn’t look amazing at first glance, but the monthly chart is the anchor: it “always gone up” historically, even as the speaker notes a climactic drop has already occurred. The plan is to buy on confirmation above $32 with the alternative tighter stop discussion near $30-$30.50 if adjusting risk.