STWD: Potential time at mode uptrend

2016년 4월 7일

Tim West discussed this chart in the Key Hidden Levels chatroom today.
I'm expanding the analysis here, presenting a potential 'Time at mode' uptrend signal after today's bullish action.

The trade implies going long tomorrow, if we open and close above the 18.52 mark, without retesting it, with a stop loss underneath this level (we can use ATR as well, or try multiple entries with different stop loss locations depending on our risk appetite).

Look to enter longs tomorrow, if we get confirmation. For the time being, keep this in your watch list, and make sure to subscribe to Tim's 'Key Hidden Levels' indicator pack, and join the chatroom for more ideas like this.

Cheers,

Ivan Labrie.

2016년 4월 7일

노트

s3.amazonaws.com/tradingview/snapshots/r/rpLThlzt.png (Tim's chart highlighting the dividend price action and the rgmov uptrend)

2016년 4월 7일

노트

Down for the day, but holding at the mode. If we have some upward movement soon, we might have a nice long here, outperforming the market!

2016년 4월 8일

노트

Inside day, ok. We might form a weekly mode before earnings.

2016년 4월 8일

액티브 트레이드

I'm long from 18.54, uptrend confirmed now.

2016년 4월 11일

노트

Today's bar is looking quite good, constructive for longs.

2016년 4월 13일

액티브 트레이드

Reentered longs when the day turned up today, had closed near yesterday's high.

2016년 4월 19일

노트

Excellent!
Monitor for an exit in 4 bars.

2016년 4월 21일

매매 수동청산

2016년 6월 2일

노트

Target hit now.