JoeHayes
Short

Hanging Man for ACT

ACT testing previous resistance, and this time it is coming on hardly any volume in relation to its daily average . The most recent decline had noticeable volume to go with it, and there seems to be nothing behind the ascent to keep price pushing any higher from here. With hanging man patterns - I look for a sell stop 1 penny below the low of the day and go for a straight 1 to 1 Risk/Reward given the high success rate but also realizing this is a counter trend trade. Stop loss 1 penny above the high of the day.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out