I bought my positions today
July 11, 2024
Reasons:
1. Low-risk entry point
2. Confirmed stage 2 uptrend
3. Has gone through its majority line of supply
4. Moving on its own drummer, the stock went up +88% while the index gone sideways on ytd.
5. High relative strength
6. Volume dries up as less supply coming to the market
7. A huge volume on the breakout
Flaws:
1. The market is still in a hard-penny environment, not much confirmation from the momentum stocks with only 23% of total stocks above the 200-day moving average
2. Very few stocks setting up at this time
I like to see some follow through action from now.
July 11, 2024
Reasons:
1. Low-risk entry point
2. Confirmed stage 2 uptrend
3. Has gone through its majority line of supply
4. Moving on its own drummer, the stock went up +88% while the index gone sideways on ytd.
5. High relative strength
6. Volume dries up as less supply coming to the market
7. A huge volume on the breakout
Flaws:
1. The market is still in a hard-penny environment, not much confirmation from the momentum stocks with only 23% of total stocks above the 200-day moving average
2. Very few stocks setting up at this time
I like to see some follow through action from now.
İşlem aktif
We got one violation here with three lower-lows and a reversal on a fourth day, I consider it normal. We'll see what happen next.İşlem kapandı: durdurma seviyesi
Stopped out at -6% loss today.Trade closed: 22/7/2024
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.