Interested in what others are thinking along these lines - getting squashed into a corner here as we slowly bounce between the lines.
I'm not a pro I'm just trying some things out.
I take a longer stance and don't day trade anymore.
Something like 11125 as next peak or it could bounce up over the top line, or drop below - its a decision point, wondering what others are thinking who might have similar charts drawn up.
Nice and simple, based on trend, volume and staying above the 200 EMA and that's about it... RSI 14 no good on day chart but good on the weekly which is where I tend to hang out more. Possible green signal on the MACD coming up but that could fall through
Thoughts?/share below
I'm not a pro I'm just trying some things out.
I take a longer stance and don't day trade anymore.
Something like 11125 as next peak or it could bounce up over the top line, or drop below - its a decision point, wondering what others are thinking who might have similar charts drawn up.
Nice and simple, based on trend, volume and staying above the 200 EMA and that's about it... RSI 14 no good on day chart but good on the weekly which is where I tend to hang out more. Possible green signal on the MACD coming up but that could fall through
Thoughts?/share below
Comment:
I also don't draw up or down direction arrows cos its bias to do so ...