Stocks moves like waves, you have to see the chart which has a 45 degree trend line
Use bracket order to profit the high or exit the stop
I picked up some at $3.70 below and above the VWAP line, wait till the close to end of the day
draw a trend line, the trend line showing it could go $4.30
Sold at $4.30 and $4.26 (I did not sell all at $4.30 and ended up stopped out at $4.26)
it dropped out the the trend line quickly after I sold it at (see that red bar at end of the chart)
if you miss a few seconds you miss a lot.





No comments:
Post a Comment