롱

VINC continuation play LONG

업데이트됨

Here on the 30-minute chart is my idea for the continuation of my VINC idea posted here before

the current breakout. Price is presently in a consolidation ascending regression channel .

The choices for a play are to wait for a break above or below the channel or alternatively

play the price action inside the channel. Since price is currently at the bottom of the channel

I will go long with a stop loss under the channel. Upon reaching the top of the channel I will

close half the position and then watch for a break of resistance or a rejection down and then

trade accordingly. Overall, I believe that this is a high-tight flap pattern and VINC is

accumulating gradually and will move higher when the accumulation saturates as per

Wychoff's theory.

액티브 트레이드

Price moved 3.5+& Trade is now risk free with stop loss raised above break even.
Holding full position.

액티브 트레이드

Bull power on display to finish out the week. Idea fully validated. Took 25% of the
position off for good risk managment.

노트

Zoomed-in chart

액티브 트레이드

Swing trade in progress some profits taken from this small position- safe trading
zig zag fashion buying lows and selling at Bollinger Band highs. Holding a partial
for more profits. At any sign for topping will close the remaining 75 shares in
good profit already and no risk as stop loss is now a trailing 5% to guard against
a reversal when alerts have not triggered. Alerts set with a set of moving averages
for death crosses on 30 minute time frame.