I. Analysis
1. Stock has been making a series of HL, and leaning against the drawn resistance level
2. Price should have bounced back steeper after consecutive tests of the resistance area, but instead, buying pressure is stepping in at consistently higher levels.
The above signals that a probable strong breakout is approaching.
Just a as sidenote, this has set up has been highly lucrative over the past weeks with examples such as SU, KMI, CCL, CNK, DELL, FANG, INFO, KSS, KMI, RCL, SEIC, SLB, V, WYNN to name a few.
II. Trade
1. Conservatively wait for a breakout or wait for a breakout and pullback // aggressively enter next candle
2. TP next selling pressure level/swing high
3. SL 1 ATR below low of the build up
Plsd to hear yr comments
1. Stock has been making a series of HL, and leaning against the drawn resistance level
2. Price should have bounced back steeper after consecutive tests of the resistance area, but instead, buying pressure is stepping in at consistently higher levels.
The above signals that a probable strong breakout is approaching.
Just a as sidenote, this has set up has been highly lucrative over the past weeks with examples such as SU, KMI, CCL, CNK, DELL, FANG, INFO, KSS, KMI, RCL, SEIC, SLB, V, WYNN to name a few.
II. Trade
1. Conservatively wait for a breakout or wait for a breakout and pullback // aggressively enter next candle
2. TP next selling pressure level/swing high
3. SL 1 ATR below low of the build up
Plsd to hear yr comments
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.