ENTRY: Bought intraday as the price action is volatile on the ZS candle. It's also mini ZS (MA 20) in weekly chart. TP: Sell on 3rd day of ZS. SL: PD breakdown or -4%.
BAD: There are more stocks on an uptrend so I guess it's better if I let go of this and enter uptrend stocks instead.
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Gap up shouldn't be filled otherwise, momentum is gone and might go downtrend.
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-Gap was filled and the next day, it gap down but closed green. -Confluence between MA100 and MA50. -Still looking like a strong uptrend as the sell down was negated with green closed on a gap down candle. -Price is sitting in my ST and below the PD resistance - strong sign to sell. -My gut says to hold but I should always be in bearish bias in charts like this. -Let's see how the price action tomorrow - 15/6/2020