trading plan pani daily buy 5075 sl 4570 tp 5875 disclamer on
I bought my positions today September 25, 2023 The reasons: 1. Low-risk entry point 2. The stock is up >100% in less than 8 weeks 3. Corrected the least during the pause, less than 25% correction 4. Volume dries up as a sign of less supply coming to the market 5. High alpha stock with a low standard deviation 6. Good close on the breakout The flaw: The market...
I bought my position today August 4, 2023 Reasons: 1. Low-risk entry point 2. Coming from a classic cup and handle 3. Bought initial position at the cheat area 4. High relative strength stock 5. It is in a confirmed stage 2 uptrend Flaw: 1. My latest personal trades are not working well 2. Stock squat and lack volume on the breakout I like to see a pivot...
trading plan pani weekly buy 1255 sl 950 tp 1800 disclamer on
Just retracing on channel resistance, slightly went below the pivot point, my bias is still bearish along with Senkou span B
We expect the PANI trend to continue to bearish until the next support. Unless it breaks the trend, it's better to exit and wait until the market maker steps in and changes the direction. Then we continue to follow the trend. You can decide to buy on support level, until then don't try to catch the falling knife. Support 905 Next support 695
Here a sample of trend of pani trying to built, a red wick continuously followed by fractal. Will they recover that green wick?
Support just broke , will it continue further? Next support 11675
Trend still bullish, but be aware with the upcoming stock split. I expect there will be correction post stock split, but depends on how buyer still keeping their interest into market