Lately coming up with ideas for companies to trade just based on random stuff I have learned through the years .
I published an idea on ABNB and missed my target bounce price .
What I failed to account for in my idea was the supply zone right below - moving forward to this chart I identified the same scenario with OKTA.
Again , I am going verify with tape before taking on this trade but if it holds support and there isn’t heavy selling I expect to run significantly ,
my style is mainly scalping whether it be intraday or swings .
I post these charts so people can add to the idea or verify what I’m seeing .
Im a discretionary trader and most of my entries and exits are based on reading the tape and waiting for a bounce.
I will usually scalp into a position then hold runners if my idea is verified then move onto another similar setup .
Thanks for lookin.
I published an idea on ABNB and missed my target bounce price .
What I failed to account for in my idea was the supply zone right below - moving forward to this chart I identified the same scenario with OKTA.
Again , I am going verify with tape before taking on this trade but if it holds support and there isn’t heavy selling I expect to run significantly ,
my style is mainly scalping whether it be intraday or swings .
I post these charts so people can add to the idea or verify what I’m seeing .
Im a discretionary trader and most of my entries and exits are based on reading the tape and waiting for a bounce.
I will usually scalp into a position then hold runners if my idea is verified then move onto another similar setup .
Thanks for lookin.