I have my position today
September 9, 2024
The reasons:
1. Low-risk pivot point
2. The stock offers a very tight entry in a power play setup
3. It surged over 250% in less than eight weeks
4. Corrects only 8% during this pause, indicating big institutions unwilling to sell their positions
4. High relative strength, outperforming the general market
5. The stock is moving on its own universe and marching to its own drummer
6. Volume dries up during the pause
7. The general market is in its bull campaign
Flaw:
1. Squats below breakout level on the closing
2. No real volume on breakout
It is a textbook Power Play setup, outstanding prior moves with very little sell-off on its correction. I like to see if it can hold up and reset its pivot area for another proper entry.
September 9, 2024
The reasons:
1. Low-risk pivot point
2. The stock offers a very tight entry in a power play setup
3. It surged over 250% in less than eight weeks
4. Corrects only 8% during this pause, indicating big institutions unwilling to sell their positions
4. High relative strength, outperforming the general market
5. The stock is moving on its own universe and marching to its own drummer
6. Volume dries up during the pause
7. The general market is in its bull campaign
Flaw:
1. Squats below breakout level on the closing
2. No real volume on breakout
It is a textbook Power Play setup, outstanding prior moves with very little sell-off on its correction. I like to see if it can hold up and reset its pivot area for another proper entry.
İşlem aktif
I reduced my position in the closing day at -2% loss as it closes weak and lack of institutional participation.İşlem aktif
Currently resetting the pivot area, I'm watching it very closely.İşlem aktif
The train doesn't come on schedule. I reduced some more positions today at -2% loss. İşlem kapandı: durdurma seviyesi
The stock doesn't move, I get out at a -2% loss.Trade closed.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.