PEJ to $54

31 Oca

My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.

So...

Here's why I'm picking this symbol to do the thing.

Price at top of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive and over top of Bollinger Band
Price at or near Fibonacci level
Entry at $56.50
Target is $54 or channel bottom

12 Şub

İşlem elle kapatılmış

Price went sideways to bottom channel. Closing with tiny loss.