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Oct 29, 2020 10:13 PM

ALGT 1D RANGE TRADING 

Allegiant Travel CompanyNASDAQ

Description

Buy a Daily Candle Close above the Range Top.
Watch for a Failed Range Breakout.
Use a 30m/1h time chart to watch if there is a Bearish bounce off Range Top.
Breakout Candle Must Be 100% of the Average Volume For full-size position

75% of the Average Volume For ½ size position

Stop Loss is 1.5 x ATR First Target is 1 x ATR (close ½ position 1st TP)
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