My 4 Rules For Swing Trading
1. Check the Daily/Weekly chart for a large Gap – the larger the better so that potential resistance is far away.
2. Check to see where the 200 Day Moving Average – should be far enough away so that it won’t be a possible resistance area.
3. Check to see when the company is due to release earnings – I personally NEVER swing trade through earnings
4. I want the stock to close near the high of the day
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