It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail.
Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades.
My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favorable trade setup and plans.
Callon Petroleum Company ( CPE ), a part of Basic Materials sector and belongs to Independent Oil & Gas industry; ended its day with loss -1.98% and finalized at the price of $12.36. During its last trading session, Stock traded with the total exchanged of 2.86 million shares. The average stands around 5.36 million shares.