responsibletrad8r

Parabolic Momentum on CELR and KSM

Long
The POC (yellow line) is providing a safer re-entry spot for fast moving markets

(Usually I wait till the price traded below prior days low for swing trade entries)

So simply wait for re-entry opportunities.

The strategy applied to the chart is RSI based, in an uptrend buy an upmove on the RSI and exit on a bearish divergence.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.